Submitted by tom on
A survey of UK retirees and near-retirees reveals low levels of annuity awareness, and this is in a country where annuities are compulsory.
Survey results show that 48 percent of 55-64 year olds in the UK are unaware of what annuity products actually are.
Many of the survey participants (23 percent) think of annuities as investment funds.
Source: Prudential UK
Key Phrases:
Glossary:
Companies:
Forums:
- Log in to post comments
