The Independent - London, February 1st, 1997
First it was smokers, then it was fatties. Earlier this week, the increasing fragmentation in the market for pension annuities gathered pace after one company offered a higher retirement income to potential clients - as long as they are dying, anyway.
Stalwart Assurance announced it would enhance the annual retirement income paid to people suffering from cancer, kidney failure, multiple sclerosis, strokes, heart attacks, chronic asthma and diabetes.
Its offer expands on its previous target audiences - smokers - who were promised higher annuity rates when they retired, on the grounds that the...
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