The FTSE UK Level Annuity Index Series is a set of benchmarks designed to allow users to compare changes in the value of a pre-retirement fund with changes in annuity prices. Annuity rates differ depending on individual circumstances, and the series reflects this with multiple indices representing a range of retirement profiles, creating a suitable comparison to assess fund performance. The index series will be calculated daily, using the average of the three highest annuity rates for different retirement profiles: Early, Standard and Late.
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