Campaign for Fair USP

The government is committed to removing the need to buy an annuity at age 75. This will mean that people can leave their fund invested but take an income from the fund. This will be attractive...

...but FUSP is concerned that people have an accurate calculation of the risk that this poses to their income so that they can make properly informed decisions as to whether this route is right for them.

The present way in which this assessment is undertaken is, in many cases misleading, meaning that people will actually be worse off as a result of a change that in principle is extremely welcome.

It gives more flexibility and on the face of it is highly attractive. However to make an informed decision the client needs to have the risk quantified accurately.



This site is intended to be a platform on which the ideas behind the Annuity Direct campaign for Fair USP can be discussed. Under no circumstance is this information contained on this site, or the views expressed by individuals, intended to constitute Financial Advice. If you are indeed seeking financial advice, please contact Annuity Direct by visiting the main website here.
 
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