Getting the best of both worlds

As more and more people are living longer, the need for effective retirement planning is becoming increasingly crucial. Yet how are advisers to suggest the best annuity for their clients from so many options? Perhaps a 'third way' can help provide an opportunity to achieve the best of both worlds

Retirement planning has got to be one of the most important financial decisions people will ever make. The statistics are clear - people are likely to live longer, be more active and need more money to fund their lifestyle than ever before. Likewise, people may assume that they will have enough income to last their retirement. Sadly for some, this is turning out not to be the case. The challenge for advisers is to select the annuity that gives customers the highest possible income for life. So just what options are available, and how is what is right for each customer best determined in ord...