Andrew Tully, Standard Life One of the many Government consultations under way at the moment aims to increase the number of people buying annuities on the open market but are there really significant differences in the annuity rates offered by the main pension providers? The Treasury annuities market consultation paper was issued alongside the pre-budget report in December 2006. This review has three aims regarding open market options: to increase the number of people exercising it, to ensure that people make informed choices about the type of annuity they buy; and to increase the numbe...
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