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The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
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Comments
Annuity Direct
As a provider of annuities, I am sure that he would like the FSA to make more conservative yield assumptions that drive clients towards annuities. Through careful and pro-active management of our client portfolios, we are achieving fund growth for clients, while allowing them to pass on their full fund to their spouse, and a taxed fund to their other beneficiaries. With interest rates at historic lows, and most asset classes offering good value, an annuity is best avoided until the widely anticipated hike in interest rates. The fact that most annuities result in a full loss of capital upon death is often overlooked.
Posted by: Jonathan Walker
Real world
The older I get the less I know - except that in all the oceans of presumptive extrapolations of figures most count for nothing in the real world. I agree with Jonathan if you invest in a portfolio and manage the portfolio over time even making about 50% of the right calls you can preserve the fund and meet income need. This against the last twelve years of bust, boom, bust, mega boom and mega bust and last year mega boom again.
Posted by: John Whipple