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Financial advisers have railed against insurance companies after they faced difficulties arranging annuities for their clients due to poor service and long delays.
The attractive income they now offer means annuities are back on many retirees' shopping lists. David Symons is cashing in.
The attractive income they now offer means annuities are back on many retirees' shopping lists. David Symons is cashing in.
A glidepath solution that can integrate with retirement portfolios on any platform has been launched by Elston Consulting.
The higher the annuity rate, the higher the rate of return required for drawdown to produce the same income. This means that now it is much harder to beat an annuity and many people are not aware of this.