Standard annuity rates fall to 'all-time low'

Jenna Towler
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Income levels from standard annuities have fallen to all-time low levels just three weeks after pensions freedom and choice was introduced, according to Moneyfacts research.

The website said retirees who had delayed making a retirement income decision ahead of pensions freedom would now be counting the cost of delay if they now chose to buy an annuity contract. It s...

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