Platforum research suggests annuity obituaries were premature

The consulting firm's research does indicate, however, that advisers have been favouring multi-asset, multi-manager and equity funds for retirees since Chancellor George Osborne's plans to give more freedom to pensioners came into effect in April last year. "Annuities have become quite a taboo subject but the guaranteed income they offer is still attractive to clients," said Miranda Seath, senior researcher at Platforum. "Most advisers we spoke to thought there was still a place for them and their clients do want guaranteed income." The firm's research also suggests advisers are most ...