JUST Retirement has warned retirees that if they defer purchase of an annuity now because of uncertain and volatile market conditions, they could face significant shortfalls in their retirement income.
Data compiled by Just Retirement show that a 65 year old retiree with a fund of £50,000, who deferred their annuity purchase by one year, could take up to 13 years to recoup the loss. Nigel Barlow, head...
Feasibility study due
'Let’s be bold enough to demand change'
Joint life second death option added to relieve tax burden on couples gifting assets
Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record