The good news is that there will be more flexibility in how retirement income can be taken. I think this means that we might see more people split their funds between an annuity and unsecured pension. Down Down Go Annuity Rates.

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Feeling Buried in Annuity Options? Unsure What to Recommend to Clients? Guaranteed Withdrawal Benefits have changed the landscape for traditional accumulation annuities, both fixed and variable, over the last decade. With new riders for guaranteed income being built every day, it has become a veritable jungle of benefit roll-ups, withdrawal rates, and bonus options. Simple interest? Fees on the benefit base? Fees on the account balance? Let the Annuity BullDozer Plow through the Rubble.