A not so passive retirement

It should be no great surprise to anyone that a passive investment strategy is becoming increasingly popular with customers looking for a better income in retirement. Indeed, the concept underlying passive investing lends itself particularly well to the income strategies and needs of those reaching their retirement years due to its simplicity, transparency and low charges. The uptake of passive funds within the MGM Advantage Flexible Income annuity wrapper has shown that there is not a lot to separate the popularity of passive and active funds in the cautious and balanced sectors. If any...