Matt Trott presents the findings of LV='s latest research into the annuity market
It is certainly a challenging time for both consumers and the financial services industry at the moment. For the first time in a long while the UK is experiencing a different type of economic climate than ever before, and you only have to catch a glimpse of the news or do something ordinary like put petrol in your car to realise that the 'Credit Crunch' is an everyday term at the moment. Our own recent consumer research among those aged over 50 years old, the LV= State of Retirement Report, has shown that more people than ever facing retirement are concerned about their financial situation....
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