Managing Your Money 

Unpopular annuities can still help with retirement income

Unpopular annuities can still help with retirement income

Annuities used to be the default product for retirees. But that changed in 2015 when pension freedoms were introduced, which allow people aged over 55 to access their pension pot in any way they like, and income drawdown, where you leave most of your pension invested and withdraw income, has become the norm.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now