25 March 2009
According to new research by LV, more than 150,000 individuals
could increase their retirement income by buying an enhanced,
rather than a standard, annuity. By not taking out an enhanced
annuity, retirees could be missing out on an increased retirement
income each year.
Enhanced annuities are generally available to those who have a
shortened life expectancy due to poor health and are commonly known
as "impaired life annuities."
