When it comes to retirement income in an uncertain market, one way to get a little certainty is with a guarantee option.
With consumers demanding a more acceptable level of guaranteed income in retirement without the constraints of a conventional annuity, US-style variable annuities are becoming an increasingly popular choice for UK investors. These products provide a solution which covers the middle ground between traditional annuities and income drawdown. The major advantage these products offer is that they allow people to remain invested in the markets with the option to guarantee an income for life. They offer the security of a conventional annuity but with greater flexibility and growth poten...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
