Annuities are seeing a revival, says ABI
More annuities sold than drawdown in Q4
Annuities are beginning to see a revival, as retirees shun drawdown and cash withdrawals for a guaranteed income, latest figures from the Association of British Insurers (ABI) have shown.
Data from the ABI, covering the sales of its insurer members, showed the 'rush to cash' in pension pots following the government's pension freedom reforms settled down over the year, with annuity sales...
More on Income
Snap election pressure bites as Treasury puts MPAA cut on hold
Dividend tax hike also stayed
Transfers into SIPPs double post-pension freedoms
Annuities down to a fifth of their former transfers-in
Advisers split on relevance of annuities in today's market, research
Advisers questioned at series of multi-asset events
Sam Liddle: Using growth assets to boost retirement income
Derive income from range of sources
Annuity rates up more than 10% since August low
Retirement Advantage analysis
More news
Prando's Asset Management - Pranks, but no pranks
The chairman isn’t answering his email
Moody's: China faces further downgrades unless ballooning credit checked
Reforms not enough
Guy Stephens: Stagflation shots
An economic cocktail
FCA clarifies adviser role in annuity prompts
To encourage consumers to shop around
FundsNetwork appoints head of advisory services
Will report to Pat Shea