Securing maximum income through tailored annuities

annuity focus

With annuity rates dipping and occupational schemes falling out of favour, it is more important than ever that individuals approaching retirement get value for money from their pension fund

At retirement every investor with a defined contribution (DC) pension arrangement deserves access to the best products on the market to maximise income in the most appropriate manner. This is as important for the client with a small fund, for whom access to the open market option (OMO) can be problematic, as it is for the more wealthy client who might benefit from a well-structured combination of conventional annuities, investment linked annuities and drawdown arrangements. Moreover it is vital for those with a health or lifestyle issue to secure a rate that takes this into consideration. ...