Ten things to know about…third way solutions

It's now over five years since ‘third way' or ‘variable annuity' solutions were introduced into the UK market. However, there are still many misconceptions as to what these solutions are, the key benefits offered, and how they can be used or blended with the more common retirement solutions for greater client benefit. 1. What do the terms ‘third way' and ‘variable annuity' mean? Labels like ‘third way' and ‘variable annuity' don't yet quite make sense in the UK. Variable annuity is a term imported from America which doesn't really mean the same thing here in the UK. There are many prod...