Annuities have fallen out of favour in recent years, and particularly since the pensions freedoms of 2015. When announcing those changes in November 2014, the then-Chancellor of the Exchequer George Osborne famously said that ’no-one will ever have to buy an annuity again’. But do annuities still have a place in YOUR retirement planning? Today I’m going to give you everything you need to KNOW and everything you need to DO to make sure you get this right.
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Annuities
As ever, a little knowledge can be a dangerous thing. I’ve heard too often that ‘annuities are dead’ and ’surely everyone goes into drawdown now’. Predictably, it ain’t that simple.
Resources mentioned in this episode
Book: The MeaningfulMoney Handbook
Course: Learn How To Invest– Don't forget the discount code of PODCAST25 when you sign up
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