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Investment linked annuities
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GDB2222
Posts: 26,266 Forumite
Are these still available?
No reliance should be placed on the above! Absolutely none, do you hear?
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Aren't they more of a US thing??1
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I can’t find any companies offering them.LHW99 said:No reliance should be placed on the above! Absolutely none, do you hear?0 -
Well you are lucky then. Insurance companies in the US love them because they get to wrap your investments inside an insurance produce and charge high fees. The only annuity you should ever consider is a lifetime income annuity as part of a lifetime income plan.GDB2222 said:
I can’t find any companies offering them.LHW99 said:
And so we beat on, boats against the current, borne back ceaselessly into the past.1 -
GDB2222 said:
I can’t find any companies offering them.LHW99 said:https://lcalife.co.uk/advisers/flexible-life-annuity/ (? not a recommendation)
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Bostonerimus1 said:
Well you are lucky then. Insurance companies in the US love them because they get to wrap your investments inside an insurance produce and charge high fees. The only annuity you should ever consider is a lifetime income annuity as part of a lifetime income plan.GDB2222 said:
I can’t find any companies offering them.LHW99 said:I’m looking at what to do with my DC pension funds, as simply leaving them to accumulate no longer makes sense. I’d like to retain equity investments, but I don’t want to saddle my wife with the complexity of drawdown, assuming she survives me.An investment linked annuity would do the job nicely.No reliance should be placed on the above! Absolutely none, do you hear?0 -
An investment linked annuity would be expensive and still risky. If you want to provide guaranteed lifetime income for a surviving spouse then a joint lifetime index linked annuity is the way to go. But a hybrid solution is often a good solution so that SP and the lifetime annuity give a guaranteed floor and you keep some flexibility with the drawdown capital.GDB2222 said:Bostonerimus1 said:
Well you are lucky then. Insurance companies in the US love them because they get to wrap your investments inside an insurance produce and charge high fees. The only annuity you should ever consider is a lifetime income annuity as part of a lifetime income plan.GDB2222 said:
I can’t find any companies offering them.LHW99 said:I’m looking at what to do with my DC pension funds, as simply leaving them to accumulate no longer makes sense. I’d like to retain equity investments, but I don’t want to saddle my wife with the complexity of drawdown, assuming she survives me.An investment linked annuity would do the job nicely.
And so we beat on, boats against the current, borne back ceaselessly into the past.0
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