Income

Now that the Civil Service has announced that it will scrap its retirement age from April 2010, we have a clear indication of intent for the Government's review of the Default Retirement Age (DRA), due early next year.

Question: So, with the volatile US markets, they are a plethora of risks with ULG's that derive from across the pond. Do the experts still trust in the US market?

Annuity advice should be made as widely available as possible, before the industry starts pushing direct-to-consumer options, according to Living Time.

Advisers could face regulatory repercussions if they fail to warn their income drawdown clients about the potential pitfalls of taking their tax free cash early.

Question: There seem to be some potential problems in valuing ULG's. I mean, the non-financial risk is a concern, there is no (what I am aware of) market for mortality exposure and longevity? If the benefits are linked to such events in a non-Symantec...

Question: Unsecured pensions seem far too much of a risky investment. What attractive alternatives do the panel suggest may be more suitable for a couple, in their late 50's, with no outstanding debt?

Question: Can I still buy an annuity after purchasing one of your income protection plans? What are the positives and negatives against such a move?

Question: I have found that Income Drawdown is a complex area of retirement planning and isn't suitable for my clients. I am however open to change and I am keen to investigate further opportunities for my clients. Can the panel each tell me what the...

Question: I have found Income Drawdown funds and products from a variety of providers to be remarkably similar to a personal pension. What assurances can my clients receive that an Income Drawdown plan is a more viable option or separate alternative?...

MetLife has appointed Adam Dooley as UK sales director, completing its senior management team.