In a lively debate the panel discuss the progress being made towards offering retirees the open market option when buying an annuity, as well as the different types of products now available.
The panel also highlighted the need for specialist advice and how IFA's can add real value to clients against a backdrop of increasing longevity and decreasing annuity rates.
The annuities panel includes:
Aston Goodey - Sales and Marketing Director, MGM Advantage
Tom McPhail - Head of Pensions Research, Hargreaves Lansdown
Vince Smith-Hughes - Head of Business Development for Pensions, Prudential
Taking the time to look
After 14-month FAS programme
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
Rebranded from OMW
Number of benefits