"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
The majority of annuities provided by insurance companies are payable at a guaranteed rate determined at the outset (i.e. when the investment is made and the annuity commences).
As we note within the ‘unit-linked annuities’ site a small number of annuity providers offer annual payments linked to the performance of a mixture of assets – primarily equities but with elements of fixed interest, cash and, perhaps, commercial property.
These annuities might appeal to annuitants happy to accept a larger degree of risk in return for potentially higher rewards. But are with profits annuities right for you?