People are too young to buy a lifetime annuity at 60 or 65, retirement planning firm Living Time says.
And it is urging chancellor Alistair Darling to change pension rules which force the majority of people to buy an annuity by age 75. It says Darling must take new actuarial data into account an...
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