Emma Watkins: Educating partners on single life annuity risks

Protecting women in retirement

clock • 5 min read

What could be more romantic than providing a lifetime income for your spouse? Here Emma Watkins looks at the merits of joint-life annuities

Longer life expectancy and an increasing demand for social care in older age are set to place growing pressure on the UK population as they head into retirement. This is especially the case for women, who historically have been financially disadvantaged compared to men. There are many important choices to be made about how we use our pension savings. However, it can be difficult to think about end-of-life plans and the implications of these. Advisers need to pursue these tricky conversations and highlight the impact these decisions will have in ensuring financial security, especially whe...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Income

How annuity underwriting needs to change to meet Consumer Duty

How annuity underwriting needs to change to meet Consumer Duty

'This is an industry systematically delivering poor outcomes'

Andrew Gething
clock 24 June 2025 • 4 min read
Annuities in a post-freedoms world: The need for rebranding and repositioning

Annuities in a post-freedoms world: The need for rebranding and repositioning

‘The challenges facing today’s retirees are intensifying’

Steve Butler
clock 22 May 2025 • 4 min read
Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read