Editor's View: The rise of annuities and the appeal that stability brings

The editor's Friday Night Takeaway from 30 June

Hope William-Smith
clock • 1 min read

Well, we are halfway through the year and things are starting to slow down for summer at Professional Adviser, on the events side at least!

The industry has continued to deliver with news this week and our most read story was about… annuities! They have been getting progressively sexier this year, words I'm sure no one ever thought they would say (bar our couple of industry fanatics!) Stability and continuity have never looked more appealing than in an economy on an incessant slip ‘n side toward recession. Stats from Canada Life show the break-even point average is five years closer than what it was 12 months ago, with the payback period on a benchmark £100,000 annuity currently 14.5 years. It's always difficult to know where r...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Partner insight: Client needs, investment process and principles: What comes first?

Partner insight: Client needs, investment process and principles: What comes first?

As advisers shift to a solutions-based approach, how can they ensure they continue to place customer needs first?

Ken Scott, head of investment solutions at Royal London
clock 03 September 2024 • 2 min read
Editor's view: A cause for celebration

Editor's view: A cause for celebration

The editor's Friday Night Takeaway from 19 July

Jen Frost
clock 19 July 2024 • 2 min read
Editor's View: A fond farewell and a thank you from me to you

Editor's View: A fond farewell and a thank you from me to you

The editor's Friday Night Takeaway from 12 July

Hope Coumbe
clock 12 July 2024 • 2 min read