7 Questions to Maximise Your Retirement Income

FUTURE PROOF: Good retirement advice is hard to find. Here are seven killer questions that people need to ask their broker or adviser to ensure a good retirement outcome

Annuity Direct 5 February, 2014 | 3:16PM
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This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Chairman of Annuity Direct Alan Higham sets out the questions that he believes people need to ask their broker or adviser to ensure a good retirement outcome.

Seven in 10 of us feel confident enough to have a go at DIY retirement decision making.

However, the issues are so complex that less than 20% of the population have the necessary skills to read the rules and do the maths to determine which options are likely to be best for them.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Annuity Direct  Annuity Direct Ltd is a Chartered Financial Planner specialising in retirement income planning.