'Tipping point' in annuity options for Middle Britain - Burrows

In research sponsored by MGM Advantage and Prudential, retirement expert Billy Burrows argues retirees with pension pots of more than £50,000 should not default for low conventional annuity rates. Instead they should consider products such as investment linked annuities. Director at The Retirement Academy and Better Retirement Group Billy Burrows said: "This is especially true for Middle Britain, which stands to lose most from not fully considering the range of retirement options available to them. "Already squeezed by higher taxes, higher expenditure and lower interest rates, thos...