Enhanced annuity sales rise as standard rates hit rock bottom - report
Annuity rates are at their lowest level for almost two years, but the proportion of enhanced contracts sold is increasing, according to the latest IRESS At Retirement report.
The report analysed data from more than 150,000 advised annuity cases. It found the average standard single life annuity rate had fallen from 4.89% to 4.86% in the last month. The rate is down 56...
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