What could be more romantic than providing a lifetime income for your spouse? Here Emma Watkins looks at the merits of joint-life annuities
Longer life expectancy and an increasing demand for social care in older age are set to place growing pressure on the UK population as they head into retirement. This is especially the case for women, who historically have been financially disadvantaged compared to men. There are many important choices to be made about how we use our pension savings. However, it can be difficult to think about end-of-life plans and the implications of these. Advisers need to pursue these tricky conversations and highlight the impact these decisions will have in ensuring financial security, especially whe...
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