It's our round-up of the stories your clients may have read in the national newspapers over the weekend...
Avoiding the annuity trap While those about to retire have traditionally had to choose between rock-bottom annuity rates and complex drawdown plans, they now have new options, according to a report in the Telegraph. In addition to the growing range of fixed-term annuities, as well as investment-linked options, it explained how the growth of ‘low-cost income drawdown plans' could be a big development. These purport to offer a lower-risk alternative to conventional drawdown products and have been dubbed by one expert as ‘middle-class pension plans'. Technology The Facebook IPO domin...
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