It's no secret that annuity rates are at an all-time low, but it still comes as an unpleasant shock to many that they are predicted to get even worse over the coming months. The Bank of England's on- going Quantitative Easing Policy is slowly injecting new money into the economy, which for many is a good thing, but for those who are reaching retirement age it means the annuity rates they're being offered are steadily falling, and have now reached only one third of those offered 20 years ago...
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