Enhanced annuity sales exceeded a billion pounds in the second quarter of the year, according to research by Towers Watson.
Aviva holds the top spot for level annuity rates this month, despite dropping £20 over October to £5,970 per annum.
Annuity rates have mostly remained constant over the past month with Aviva still in the top spot, according to the latest figures from Alexander Forbes Annuity Bureau.
Annuity rates tumbled in April after a brief period of stability during the winter, according to Alexander Forbes Annuity Bureau.
Annuity rates could be about to fall on the back of currency concerns, after several months of stability, according to Alexander Forbes.