Despite pension freedom and the recent dip in rates, annuities still provide a source of certainty for three emerging groups of retirees, according to Greg Neilson
The humble annuity goes back a long way. A Norwich Union 1820 proposal states "by purchasing a deferred annuity those who are at present able to procure livelihood, may provide a comfortable support for...
Only one in ten opt for an annuity
‘Dramatic’ drop due to pandemic’s economic impact
Coming soon to a provider near you
'Act or be compelled to act'
Drawdown retirees forced to reduce income during the early stages of the pandemic are now considering the best way to turn the taps back on, writes Steve Hunter
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.