National Financial Planning group Continuum has predicted that annuities may see a return to favour as advisers try to cope with the impact of soaring inflation on their clients.
The company believes that the guaranteed long-term income of an annuity may be more sought after, particularly index-linked annuities which offer a chance of long term income growth.
Annuities have declined significantly in popularity in recent years as clients have moved towards income drawdown products following the Pension Freedoms.
For the full editorial please click here.
