Clients’ needs for advice will be determined by their aspirations as well as by the size of their pension funds but these can vary significantly.
Poor annuity rates mean the optimum age for many people to buy an annuity is increasing.
It is time to put the spotlight on factors other than price.
I used to say that the annuity market was in the back water of financial services
I’m getting to dislike the phrase “Shop around for the best annuity rate”.
The brave new world of personalised annuities where even snoring qualifies you for an enhanced rate.
I had decided on the theme for this column before I attended an excellent annuity seminar at L&G last week
As annuity rates fall ever lower, maintaining the status quo is no longer an option