Simon Smallcombe looks at the importance of guarantees at times of market volatility
We live in a world where market volatility is high, people are living much longer and inflation is fluctuating on a monthly basis. With these issues in mind, pension savers need more varied solutions to help deal with these challenges. Prospective retirees are facing the reality of pension pots up to five times smaller than they would have received 20 years ago, according to figures by Cass Business School. In light of this current instability, it is prudent for those approaching retirement to reconsider their options in an effort to protect income and lifestyle -expectations during r...
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