AnnuitySep 28 2023

People don't like annuities, no matter how high the rates are

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People don't like annuities, no matter how high the rates are
(L-R) Billy Burrows, financial adviser at Eadon & Co, Mark Ormston, director of propositions and corporate partnerships at Retirement Line, Fiona Tait, technical director at Intelligent Pensions, Verona Kenny, managing director of intermediary at 7IM and Melanie Tringham, features editor at FTAdviser

Annuities are not popular among clients despite their current higher rates but they have a place in people's retirement portfolios, experts say.

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