Better deals: Higher interest rates mean people can buy more annuity income for their money – see latest industry average rates below Over-50s remain dubious about annuities despite a recent recovery in the retirement income they can buy you after years in the doldrums, new research reveals.
One in five regard the products, which provide a guaranteed income until you die, as poor value.
Some 44 per cent of the older adults surveyed believe annuities are inflexible, and 45 per cent think they are risky in case you die earlier than expected, according to the research by Canada Life.Annuities have been […]
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