Three things we learned this week

Annuity rates remain in ‘free fall' Conventional annuity rates have dropped 7% since June and enhanced rates have fallen 5% in the same period, according to analysis from provider MGM Advantage. The firm said these were the largest quarterly drops recorded by its Annuity Index since it started tracking rates in August 2009. Overall rates have dropped by 20% since August 2009, it added. To read more click HERE Age UK demands providers promote OMO better More than 30% of people aged over 60 are confused about annuities, research conducted by Age UK has found. The survey of ...