Your IndustrySep 23 2015

Guide to Guaranteed Retirement Income Options

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CPD
Approx.50min

    Guide to Guaranteed Retirement Income Options

      pfs-logo
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      CPD
      Approx.50min
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      Introduction

      By Emma Ann Hughes
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      But the fundamental aim of a pension remains the same and that is to provide sustainable income in retirement, as only a lucky few have sufficient assets that they know they will never run out of money however long they live.

      For the rest, pensions may be the only protection against penury in old age, therefore planning for this will remain the bedrock of financial planning to help ensure that consumers have a sufficient level to meet day-to-day living costs for as long as it is needed.

      This guide will examine the risks faced by elderly savers, types of guaranteed retirement income available post-April 2015 and how to make sure your clients have enough to cover the essentials.

      Supporting material produced by Simon Massey, director of wealth management at Metlife UK; Addy Frederick, media relations manager of LV; Stephen Lowe, group external affairs and customer insight director at Just Retirement and Mark Stopard, head of product development at Partnership.

      In this guide

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