Annuities: Myths, misconceptions & mistakes

iStock_000016454287_ExtraSmallAnnuities have hit the headlines over the past few weeks and whilst the quality of journalism is usually pretty good, the same cannot always be said for readers’ comments which accompany online articles. We thought it would be fun to take some of these comments and expose the myths, misconceptions and mistakes we’ve found. “Annuities are not fit for purpose, avoid them like the plague.” One of the more hysterical comments we came across! There’s no denying rates have dropped over recent years, but an Annuity is ...