With-profits an alternative option in retirement - Boulding

As pensions strategy director at Legal & General, Boulding says key questions asked by retiring individuals include the date at which to take their benefits, and the form in which they draw their money. In his latest ‘Driven to Retirement’ supplement, Boulding says: “Once the date of retirement is fixed, financial advisers can help clients choose the right income. I look on annuity purchase as an investment decision so it’s worth examining the asset backing.” He says while a standard conventional annuity is entirely supported by government stocks and ‘highly rated’ corporate bonds, fixe...