Helping retirees to get the best income possible from their small pension pots is proving to be a real challenge for the industry. Helen Morrissey takes a look at the options available
Annuity issues have been a hot topic in recent years with debate raging on how advisers can get the best deal on the open market for their clients. We have had real innovation in terms of product design with the advent of variable annuities and the huge expansion in the impaired annuity market. We have also seen huge strides forward in terms of improvements in transfer times with the ABI Options campaign encouraging the industry to work together to slash annuity transfer times. However, despite these huge moves forward there remains one issue still to be contended with – how best to help...
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