The future is looking bright for fixed-term annuities as Helen Morrissey discovered at a round table event on the at-retirement market
Today's annuity market is very different from what is was five years ago. We have seen massive growth in the enhanced annuity market and a great deal of development in product areas, such as the investment-linked annuity. But in a recent Retirement Planner poll hosted on IFAOnline.co.uk, we asked advisers to tell us where they see growth coming from in the next five years. The majority (65%) said they expected the fixed-term annuity market to deliver major growth in years to come. This is high praise indeed for a market that barely existed six years ago. Living Time was the most high ...
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