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...
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