What's the outlook for annuities?

The retirement income market has undergone unprecedented change in recent years. We've seen the increasing prominence of enhanced annuities and income drawdown and the development of alternative products such as fixed term annuities. Despite growth in the income drawdown market annuities remain central to many people's retirement planning. In this month's Retirement Planner Inquiry we asked advisers to tell us how they feel about this market and the challenges they face operating within it. The Inquiry questionnaire was circulated by email to the Retirement Planner readership. We rece...