UK retirees hit by eurozone recession

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Workers approaching retirement could be hit by significantly weaker annuity rates as the eurozone's economy enters a technical recession, an adviser group has warned.

The warning came from deVere Group chief executive Nigel Green after Markit's Composite Purchasing Manager's Index (PMI) reported growth in the euro block fell from 46.1 in September to 45.8 this m...

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