Colin Bell, product director unit-linked guarantees at Aegon, says education on alternative at-retirement income options is the best way forward for advisers...
In the Queen's Speech the coalition government yet again pointed to its radical overhaul of our pension system. But despite the constant beating of the drum, advisers are still being led to believe, from some quarters, that an annuity is the only way to provide a fixed, guaranteed retirement income for a retiree's future lifetime. Taking such assertions at face value could result in other solutions either being discounted or overlooked in adviser/client discussions. Neither is an especially comforting thought. It is a myth that annuities are the only way to guarantee an income in re...
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