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flag Retirees risk losing £1,500 over 20 years by not shopping for the best annuity rates, despite age.

flag Retirees are advised to shop around for the best annuity rates, as an analysis by Just Group shows that 70-year-olds are not always offered better rates than 65-year-olds, despite having a shorter life expectancy. flag Failing to find the best deal could cost retirees around £1,500 over 20 years. flag Experts recommend disclosing health and lifestyle information and consulting with financial advisers to secure a better income.

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