Clients want guarantees-IFAs

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Guarantees on income and capital are becoming increasingly important to investors in a turbulent market, an IFA study suggests.

Results from the sixth wave of Aegon’s IFA Insights survey reveal almost nine in ten advisers say guaranteed levels of income are important to their clients, with eight in ten saying clients want to protect their investment capital. Rachel Vahey, head of pensions development at Aegon, says the importance of obtaining a guaranteed income in retirement has come to the fore in recent weeks. “As stockmarkets continue their rollercoaster ride and the economic outlook remains uncertain, at least in the short term, many people will be seeking security in their financial affairs," she says. ...

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