Standard Life has announced the launch of a new individual annuity designed to meet the increasing need for certainty and security among those approaching or at retirement.
The firm acknowledged that it can be tricky for people to plan for retirement, with research revealing that certainty of income in retirement is important to over78 per cent of savers, while over half (58 per cent) worry about running out of money in the future.
In addition to this, more than two thirds (68 per cent) of people said they would like a guaranteed income to meet their essential expenses, together with some […]
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