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Post Info TOPIC: I am thinking about purchasing an annuity but are they still popular?


Newbie

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I am thinking about purchasing an annuity but are they still popular?
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My adviser told me annuities are very poor and I should not buy one because after pension freedoms they are not very popular - what do you think?



-- Edited by William Burrows on Wednesday 3rd of July 2019 07:59:51 PM

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Billy

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It is true that annuities are not popular since pension freedoms but that doesn't mean you shouldn't consider them

Annuities are the only policy that secures income for life without any risk - they convert your pension pot into regular income

If you want a guaranteed income you should consider an annuity - a good adviser will explain the advantages and disadvantages of annuities and the alternative, drawdown

Take a look at my annuity pages at www.williamburrows.com/annuities



-- Edited by William Burrows on Monday 24th of February 2020 12:55:38 PM

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