William Burrows: Why 2017 wasn't the 'Year of the Annuity' after all

When I wrote an annuity update for Professional Adviser in January 2017 I posed the question Will 2017 be the ‘Year of the Annuity'?" This was because it seemed that annuities might improve and there would be renewed interest in the area. Now, nearly one year later I can look back and say I was wrong - annuity rates remain in the doldrums, sales of annuities have not increased significantly and advisers and their clients have not fallen in love with annuities again. In my defence, I did say several things needed to happen before annuities came back into fashion. For instance, bond yie...