Annuities and Income Drawdown - UK - August 2018
"Although the decline in annuity sales appears to have subsided, market momentum remains in favour of drawdown. DC pension savers highly value control and flexibility, and with annuity rates still historically low, many entering retirement will continue to avoid buying one until there is more incentive to do so."
- George Zaborowski, Senior Financial Services Analyst
This Report looks at the following areas:
Should access to independent advice be facilitated via the workplace?
Market dynamics will eventually turn back in the favour of annuities
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