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All About Annuities » 2012 » October » 10

Pension annuities in ‘freefall’ due to money-printing

Pension annuities in ‘freefall’ due to money-printingNews from Telegraph.co.uk: Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), which represents the pensions industry, said that annuities have taken a “hammering”. Lord McFall of Alcluith, the former chairman of the Treasury Select Committee, said that the UK is “digging a pension pit” for [...]