Advisers are split on whether annuities are still relevant in today's marketplace with more than half poised to discount them from their pension planning, new research has found.
More than half (54%) of advisers said they believed annuities were no longer relevant to pension planning, while about a third (37%) disagreed, a multi-asset survey from Royal London Asset Management (RLAM)...
Asset managers must provide evidence demonstrating the right investments are being made both from financial and sustainability aspects, or risk undermining investors’ trust, Schroders’ Alex Funk says.
Q4 2020 saw 11% rise in assets
Two rate hikes now expected in 2023
A world of 750 multi-asset funds
Multi-billion pound industry
Five key points
400 to be made redundant
Wealth manager also considering sale
'On the surface, flat-rate tax relief is very appealing'