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A new investment option is available to LV= clients via the firm's Sipp and personal pension.
A new retirement study has found that the average Briton retires with an annual income almost 24% less than the minimum wage.
Retirees can expect to see their income drop by two thirds when they leave the workplace.
The GAD rate for January 2014 has been announced as 3.25% - up from 3% - a move which will help people using income drawdown, says LV=.
AXA Wealth says that the Chancellor could have done more to encourage pension saving in his Autumn Statement today to ease the pain of a higher retirement age.
The 'home is my pension' generation has doubled in the last year, according to research from a retirement specialist.
LV= has added five Blackrock funds to its LV= Sipp in response to adviser demand.

More than six million Brits over-50 look set to retire on less than minimum wage, according to financial services provider LV.

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