Changing times call for different measures

The rate of retirement ­income reform over the past 12 months has been rapid and will enable retirees to access a new range of products and retirement income strategies. A major trend we are likely to see will be an increased use of income drawdown – but where does this leave the annuity market? Annuities have monopolised the retirement income market for many years – will we see this ­demand tail off or will we see changes to how they will be used? In this Retirement Planner Inquiry, we aimed to get adviser feedback as to how the ­annuities market will progress over the ­coming years. ...