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Podcast: The UK Personal Finance Show ~ Pensions, Investment, Savings and Insurance.
Episode: Ep 41 - Annuities
Description: According to the financial regulator 60% of people stay with their existing provider when buying an annuity. They also say 8 out of 10 lose out by not switching. On the podcast this week we cover what an annuity is, the benefits of taking one out and the disadvantages of such arrangements. We also cover the different types of annuity available and also look at enhanced annuities. DisclaimerIt is important to take professional advice before making any decision relating to your personal finances. Information within this podcast is based on our current understanding and can be subject t...