Annuity rates fall in December; Further slump due in 2012

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Annuity rates have fallen across the board for December as gilt yields have plunged to record lows.

Further decreases to annuity rates are predicted for next year, Alexander Forbes Annuity Bureau said. As of 1 December, Aviva held the top male single life level annuity (age 60, £100,000 purcha...

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