Consumers failing to shop around for their annuity could be missing out on £765m of income collectively by 2035, research from Retirement Advantage has found.
The pension provider claimed over the course of a 20-year retirement, the average annuity holder could lose £8,460 of income simply because they did not get the best deal. The calculation is based on...
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Set to become part of Single Financial Guidance Body
Also plan to scrap NI on contributions
Eight-week high against US dollar
Lower cost option for advisers