Retirees suffer from all time low annuity rates

Jenna Towler
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People retiring at 65 will need to live a minimum of 17 years to get back the money have saved in their pension fund due to today's low annuity rates, Rockingham Retirement says.

Director of corporate communications Laura Goodman said typically a man retiring at 65 would have to live for another 17 years to get back the £30,000 saved in his pension. She said: "And we cal...

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