Poor annuity rates are a threat to AE's success

Jonathan Stapleton asks what the latest drop in retirement incomes means

Jonathan Stapleton
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Between December 2009 and March 2013, the cost of buying a retirement income jumped by 29%.

In 2009 a £5,000 income would have cost a man £118,000 and a woman £133,500. Today, based on unisex annuity rates, the cost is £152,800 - equivalent to just 3.27%.   To many people, who largely b...

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