A more enhanced option

Helen Morrissey: Many people criticise annuities for being outdated and inflexible but recent innovations show there is still plenty of life left in them. Are you seeing any changes to how people are utilising annuities as part of their retirement planning? Billy Burrows: Yes. People are increasingly becoming involved in their retirement decisions and using combinations of annuities. Conventional annuities remain most popular but people are increasingly getting the message that if they are investing for a long time then it is beneficial to have at least some of their assets invested in r...