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flag Pension annuity rates soar to 15-year high, sales jump 24%, as inheritance tax rule changes prompt adviser reviews.

flag Pension annuity rates hit a 15-year high in 2024, with sales up 24%, providing annual incomes of £7,260 to pensioners. flag The changes in inheritance tax rules from 2027 have led 82% of Independent Financial Advisers to reassess clients' retirement income plans. flag Nucleus Financial Platforms urges the UK pensions minister to establish a long-term savings commission to address uncertainty and encourage stable long-term savings.

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