Annuity rates drop 29% since Bank of England began QE

Laura Miller
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Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.

A saver who used their pension to buy an annuity in the second quarter of 2009 would have been offered an annual income of £5,040 from a pension pot of £100,000. After £375bn of quantitative eas...

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Laura Miller
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