Annuities have enjoyed a rise in popularity recently, but there are still some misconceptions about them. We bust five myths about annuities to help you better understand whether this retirement option could be right for you.
In research from Standard Life, part of Phoenix Group, 2,000 over-50s were asked about annuities – and the results show that people can misunderstand how they work.
Before we kick things off, let’s take a quick look at what annuities are. An annuity is something that you can buy with money in your pension pot. It then gives you a guaranteed income for the rest […]
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