UK - Low to middle income earners will be better off buying standard annuities, rather than taking up ‘riskier' flexible products, according to a prominent industry expert.
Ros Altmann, a governor of independent think-tank, the Pensions Policy Institute, claims that those on low to middle incomes should avoid flexible annuity products due to associated higher levels o...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date