A guide to annuity essentials for paraplanners: part two

Remember our Assembly on annuity essentials back in March? Over the course of one lunch-hour, Andy Powell from Standard Life walked us through the basics of annuities – how they work, the differences between pension and purchased life annuities, and the kinds of options available like inflation protection and guarantee periods. Now annuity expert Andy is back and he’s taking things a little bit further. In the second of his two-part guide to annuities essentials for paraplanners he talks to host, Richard Allum, about how annuities can feature as part of your clients’ retirement income strategies. For instance, among the practical planning tips that go beyond the basics, are things like: – annuities can actually boost the value of the legacy client’s leave for loved ones – annuities can be used as an asset class within broader portfolios – and much more After years of being out of fashion, annuities have been enjoying a bit of a renaissance lately. So what better time to refresh your annuities knowledge and - who knows? - maybe challenge your thinking about how they can contribute to a client's retirement strategy these days? Fancy topping up your annuities knowledge? Then tune in now. Useful links Grab your CPD certificate for watching or listening to this Assembly by visiting the link below. There were plenty of useful links shared in the chat during the Assembly. Thanks to Rob Collins, Heather Fosker and Jon Young for sharing your links. If you want to speak to someone at Standard Life about their guaranteed life income annuity you can email [email protected] CPD: Grab your record of CPD Watch the Replay at Crowdcast (includes Chat) Watch the video on Vimeo (doesn’t include Chat) Visit the event page Standard Life’s guaranteed lifetime income annuity webpage Map of healthy life expectancy The Lang Cat’s ‘State of the Platform Nation 2025’ report Steve Webb on pensioner spending research by LCP/Uni of Bath Retirement Living Standard’s ‘Picture your future’ tool Inheritance Tax guaranteed annuity calculator