Blow for retirees as annuity income set for biggest falls since 2014

Blow for retirees as annuity income set for biggest falls since 2014

Blow for retirees as annuity income set for biggest falls since 2014

Annuity rates looks set to plummet to record lows following significant falls in quarter two of this year, according to Moneyfacts

Rachel Lacey
Wed, 07/24/2019 – 10:03

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During the period (April to June) the average income paid out on a standard annuity worth £10,000 for a healthy 65- year old fell by 4.1%,…

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