This week's Retirement Planner quick fire poll asks: Do you believe the ABI's proposed code of conduct will improve the number of people using the open market option for their retirement income?
Click HERE to vote
Last week we asked why long term care has such low take up rates.
While high premiums (30%) and product complexity (15%) play their part, the overwhelming reason why take up rates are so low is because the public believe they don't need it (48%).
Only 7% thought take up rates were low due to a lack of providers in the market.
Achievements, charity work and other happy snippets
Laughable excuses for persisting
Spent 56 years at Schroders
Warns on profits