Life changer: The importance of assessing all retirement options

One of the challenges facing advisers today is what advice to give to clients about the pension savings they have carefully accrued during their working life. The sad reality is that, for many clients, their pension pots will be less than £50,000. In fact, reports suggest as many as four-fifths of pension savings fall under this figure. The income this will generate may well fall short of clients’ aspirations and it is, therefore, incumbent on us, as advisers, to find them the very best possible deal available. The world of retirement income products has become very complex and there ...