Savers move back to annuities following market volatility

clock • 1 min read

Consumers have been gradually shifting back to annuities for guaranteed income since the pension freedoms were introduced in April 2015, according to data.

Figures from eValue's quarterly pension freedoms index covering over 17,000 people showed that in October preference for guaranteed income rose to 47%, up from 33% in April. Meanwhile preference...

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