Annuities: Confusion over Annuity rates

Confusion over Annuity ratesConfusion reigned in the Annuity market this week as one leading provider announced their unisex Annuity rates. Up until now, Annuity providers have been able to offer men and women different Annuity rates, with men generally getting a better rate than women, due to their shorter life expectancy. However, from 21st December 2012 Annuity providers will have to offer the same Annuity rates to men as well as women....