Three things we learned this week

Retirees urged to annuitise now or face further rate falls Rates for both conventional and enhanced annuities fell by more than 2% in the last three months, analysis from MGM Advantage shows. The provider's quarterly annuity index revealed conventional annuity rates dropped by 2.13% in the last three months, and enhanced annuities by 2.29%. It said the 2.1% drop in overall average annuity rates between March and June this year means the index has seen an overall drop of 14% since June 2009 when it was started. To read more click HERE Seven-tenths of advisers back external solu...