“Homeowners told to start later-life planning at 40”

Nov 1, 2017 | Retirement

An independent (financial adviser’s) view

If you’re already in ‘later life accommodation’ this article might cheer you up; an influx of under-80-year-olds would surely brighten the place up, adding an occasional game of Harry Potter Trivia to the usual diet of bingo or reruns of Marigold Hotel. Sorry, in my view this is a conspiracy to fill up the hundreds, nay, thousands of unsold units in ’Exclusive Living for the over-55s’ developments. Once you can grow a beard/legally wear make-up, stop wishing yourself older; or be careful what you wish for.

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“Record year for annuity sales driven by advisers”

“Record year for annuity sales driven by advisers”

I was asked this week whether annuities are now ‘a good investment’. They’ve been recommended very rarely in recent years, since ‘pension freedoms’ allowed pretty much unlimited drawdown on pension funds and anything left to be passed on to beneficiaries free of Inheritance Tax.