Retirement Planner talks to Matt Trott about how the annuity market is developing to meet shifting retirement patterns.
How is the fixed-term annuity market progressing? The market is progressing extremely well. I feel that advisers have embraced the flexibility that a fixed-term annuity can give clients. Social changes in the UK mean that the standard level annuity isn’t the only option for people any more they are looking for more flexible products and we are finding there is a lot of interest in these products as a result. Do you feel that clients are getting to grips with the risks associated with fixed-term annuities? Probably the most notable of these is that annuity rates could have falle...
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