Annuity disparity prompts calls for additional support

Increased rates mean a disparity between annuities is ‘very apparent’

Holly Roach
clock • 1 min read
Annuity disparity prompts calls for additional support

Punter Southall Aspire has called on employers to do more to support employees approaching retirement, amid a disparity in annuities that has been made more apparent following an increase in rates.

This comes as Standard Life analysis revealed annuity rates have increased by 50% since the start of the year from 4.66% to 7.04%, while Just Group found a 16% gap in income between the worst and b...

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