The value of guarantees

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...