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Enhanced Annuities: Caring For At-Retirement Needs

Enhanced Annuities: Caring For At-Retirement Needs This article explores the development of the annuity market in the UK over the past 20 years. It examines the explosive growth achieved by the ...
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Description: This article explores the development of the annuity market in the UK over the past 20 years. It examines the explosive growth achieved by the enhanced annuity market and delves into the kinds of customers attracted by these products and the kinds of enhancements typically presented. It also explores the impact of government policy changes which have lead to annuity volumes declining and 'drawdown' product becoming more popular.
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- Authors: Mick James
- Date: Mar 2016
- Competency: External Forces & Industry Knowledge>General business skills; Leadership>Thought leadership; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Reinsurance News
- Topics: Actuarial Profession>Professional development; Annuities>Individual annuities; Annuities>Product development - Annuities; Pensions & Retirement>Retirement risks

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