Offer More Options open to all

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Helen Morrissey looks at the new initiatives open to advisers to provide greater choice to retirees

  The at-retirement market has undergone significant evolution in terms of product innovation and regulatory change. Over the past five years we have seen the advent of variable and fixed term annuities and the continued development of the postcode and investment linked annuity space. Most recently the new government launched a consultation process around abolishing the compulsion to purchase an annuity meaning that today’s retirees have more choice than ever before.  However, despite this, there continues to be a lack of awareness about the choices on offer with many clients defaulti...

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