DEFAQTO is encouraging investors to buy annuities sooner rather than later in anticipation of further base rate cuts in the coming months.
Such a move would have the effect of bringing down annuity rates. Defaqto asserted that buying annuities early would both secure the current rate and provide an income that would take many years to replace...
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client