Careful retirement planning is key and although returns are better, many remain sceptical about whether annuities will deliver. Once written off as poor value, sales are on the up with better returns. But many retirees remain sceptical. So are they a good option? Sales of pension annuities have soared as rising interest rates mean much better returns for retirees – but many people remain sceptical about them.
Until recently, annuities, which typically pay out a set income for life to a pensioner, have been largely dismissed because of their poor value. But recent increases in interest rates, which have piled […]
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