The financial industry is coming to the realisation that retirement, in the way that we currently understand the concept, is no longer feasible.
Tag - life annuity
Retirees who have been relying on market-related investment returns to provide for their retirement income have had a pretty tough ride over the last three years.
Finding a balance between market returns and a guaranteed income in retirement
Recent innovations around retirement products address the issue of how to leave a legacy while still guaranteeing your income in retirement. People generally have two fears when it comes to retirement: firstly, whether they will have sufficient income in retirement, and secondly, what would happen to their retirement money should they die in early...
Can a with-profit annuity – which is technically a hybrid between a living annuity and a life annuity – beat inflation in the long term?