Guest blog: Nathan Long, Hargreaves Lansdown – High Risk Retirees? All Is Not As It Seems

Are we really a nation of risk-taking retirees? Are we all destined to be high-octane octogenarians, jumping out of planes, shark diving, and playing fast and loose with our retirement income? A cursory glance at the figures would seem to suggest so: before pension freedoms were announced in 2014, around 90% of people used to buy an annuity to provide for retirement, exchanging the money built up in their pension for a guaranteed income for life. Now, only 12% of retirees do so. Continue reading