Recent innovation in the UK retirement market has brought a generation of products offering both stability and flexibility. Christopher Reed takes a look at their future prospects
The UK retirement income market is changing rapidly as product innovation creates alternatives to the traditional default options of conventional annuities and unsecured pensions. While there continues to be a place for these more mainstream options, both have disadvantages that have paved the way for a new generation of products. IFA commentators and the media are talking about a so-called "third way" or "middle way" but in reality the developments in the market are wider than that. At MetLife we believe that innovation in the retirement income market is so rapid and diverse it does not ...
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