Investment linked annuities: familiarity breeds contempt?

With rock bottom annuity rates and little prospect of an improvement in the near future providers are keener than ever to offer alternatives to the traditional annuity. One option is an investment linked annuity, which in contrast to the traditional product – that focus on corporate bond and gilt yields – invests a proportion of a retiree’s pension pot in more risky asset classes, managed by a provider. LV= entered the market in November, last year. A poll from the provider last week revealed about a quarter of advisers do not include investment linked annuities in client retirement p...