Failure to consider impaired annuities costing retirees £1.25bn a year

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PENSIONERS are missing out on £1.25bn of pension benefits a year by not seeking professional advice on how health considerations can boost annuity rates.

Research by ill-health financial solutions provider Partnership found half of people over 50 who suffer poor health do not know their medical condition could entitle them to a greater annuity in re...

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