Growing the annuity market

Bouts of quantitative easing have led many to question whether annuity purchase is right thing to do as rates fall. But, despite this, there is a real need for annuities and the market is developing. There has been a shift away from choosing between drawdown and a conventional annuity with a raft of hybrid products growing in popularity. In addition the annuity market has made great strides this year with the ABI's code of conduct launched to help consumers shop around to get the best retirement income available. In this month's Inquiry, we asked our readers how the annuity market ...