Putting on a brave face could be costly for retirees seeking to turn their pensions into guaranteed lifetime income, retirement specialist Just Group has warned. New rules come into force today designed to help pension savers make the most of their pensions by encouraging them to fully disclose health and lifestyle information that could enable them to secure higher incomes. “People seeking secure retirement income should be prepared to answer questions about their health and lifestyle or it could be costly,” said Stephen Lowe, group communications director at Just Group. “The rules oblige financial firms to ask health […]
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