Will the annuity market bounce back? Analysts at RBC Capital Markets think so. Pensions freedom may have given savers more options, but annuities remain a useful tool to ensure a steady stream of income in retirement.
Market volatility caused by the UK’s decision to vote to leave the European Union could negatively impact those looking to secure retirement income in the coming months, a pensions expert has warned. Clive Barwell, Head of Later Life Advice at Wren Sterling, says predicting the future of pensions at this stage is impossible, but that [...]