Can rising inflation lead to a resurgence in annuities?
Index-linked products ‘could prove to be a particularly popular recommendation’
Index-linked products ‘could prove to be a particularly popular recommendation’
Pension firm says there is a ‘crossover point’ where annuities become more attractive than drawdown
Retirees could gain £7,000 per £100,000 by looking at what options are available
They may not be able to receive payments from pension providers into their bank
It will withdraw its products from the market including annuities and equity release
It will have ‘simple features and standard conditions’ to ‘reduce mis-selling and potential disputes’
Financial shocks such as redundancy and furlough were likely contributors to the trend
Firm has already signed deals with Aegon, Prudential and Sun Life
But advisers believe pandemic will create good buying opportunities
And clients during the coronavirus pandemic and lockdown
For documents related to life and annuity products Written by Mark Schoeff
As it prepares for a minority initial public offering of the American annuity firm