Three things your clients may call you about this week ...

'£8,000 annuity trap'

clock • 2 min read

Annuities, cryptocurrency and emerging markets - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention...

How to the dodge the £8,000 annuity trap Some 64,000 people failed to seek guidance or advice when purchasing annuity over the last two years, reports The Telegraph. It quotes the Financial Conduct Authority for that statistic and then Canada Life for its research suggesting those who fail to seek help lose out an average of £7,700 over a 20-year annuity.  "Different providers want different types of business so they price accordingly," says Retirement Line's Mark Ormston. "The older you get, the more important it is to shop around because there is often a greater difference in pri...

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