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Unit Linked Pensions
philandpaul
Posts: 1 Newbie
Can anyone tell me which companies in the UK provide unit linked annuities? They seem to have gone out of favour but I believe they offer distinct advantages over with profits annuities. Equitable life used to provide both unit linked and with profits annuities. The holders of Equitable Life with profits annuities have now lost about 30% of their income but the unit linked annuities have not been affected by the Equitable collapse. Surely a strong argument in their favour versus with profits.
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Comments
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A strong with profits provider would also be worth considering (Pru probably being most appropriate). It wasnt the product that was the problem but the company.
Clerical Medical do UL annuities still be I cannot think of any others off the top of my head.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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