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An investigation of the UK’s £11 billion annuity market has been launched, reports The Telegraph.

It says the FSA is looking into the varying rates offered to pensioners when they sign up to an annuity. They’re concerned they’re not being offered a fair deal in return for stable income.

Read more.

Also read:

Annuities: Is it now or never?

Helping clients understand annuity value

Back-to-back annuities

Originally published on Advisor.ca