As all retirees will have full access to their pension entitlements without any fear of penalty from next month, it is predicted the annuities market will shrink to a shadow of its former self - even though it will still be possible to buy an annuity. The UK's newly introduced pension freedoms are however no different to those already available across the pond and indeed have been for years. There are many fears, perhaps justified, that consumers will generally be unable to make the most