The government has said that it will be removing the rule that insists that an annuity is purchased at age 75. We welcome this as it provides more choice to the individual and treats them as individuals. However we have a real concern that the way in which the risks of not buying an annuity are quantified are flawed and give the impression that this is a lower risk option than it actually is.
We have today launched fair usp which has a three point manifesto that will lead to a client having an accurate assessment of the investment return required each year to meet the income that could be bought from an annuity at outset. Visit www.fairusp.co.uk to read all about it.
We have a simple objective – to have an objective debate that leads to getting it right first time!
Annuity Direct Website
