Aviva: Retirees should be forced to shop about for an Annuity

Shop about for the best annuity ratesIn a welcome move Aviva have taken the unusual step of arguing that retirees should be forced to shop around for the best Annuity rate. The head of Aviva’s UK Life arm, David Barral, said: “The current retirement market is failing today’s retirees and the situation needs to be addressed as a matter of urgency,” he continued “without action now, this could mean serious consequences for the retirement income and security for future generations.” “Aviva is calling for changes throughout ...