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EU Solvency II rules set to slash annuity payments by up to 20%

19 June 2012 •

Solvency II rules will force insurers to increase reserves and cut annuity rates by up to 20%.

Daily Mail Millions of people are set to see their future pension income cut by as much as 20% as new EU regulations set annuities plummeting. Deloitte research shows scheme members with a £1...

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