Retirees suffer as pension payouts start to fall
Record-high annuity rates drop as bond markets calm
Record-high annuity rates drop as bond markets calm
Interest rate rises are changing the way retirees should invest their savings
Annuity income at the highest level in nearly eight years
Retirees will be among hardest hit by rising cost of living
If Bain Capital completes its purchase of LV then it will no longer be owned by its customers
Annuity rates have dropped by 6pc in each of the past two years
Once you buy an annuity you are locked in for life or the fixed term you agreed to
Top up your state pension, keep your money invested in a "drawdown" account or buy an annuity: the choice is complex
Retirees have started to put savings into poor-paying insurance deals amid fear of losing out in stock markets