麻豆约拍

Vincent Duggleby and experts take your calls on annuities.

People planning to buy an annuity to provide an income in retirement have had more bad news as rates have fallen again. While guaranteed annuities are traditionally thought best for those with small pension pots, some retired investors with bigger funds are questioning whether it is sensible to invest all their savings in a guaranteed annuity - with locked-in low returns for the rest of their life.

Some investors have turned to pension drawdown where a proportion of the fund is still invested. But recent stock market volatility means those people are exposed to more financial risk.

So what should those people coming up to retirement do?
How do I know which is the best type of annuity to buy?
What information should I tell annuity providers when shopping around for a good deal?
How much savings do I need to consider doing income drawdown?
If I have a serious illness, what type of annuity might be suitable for me?
How will the rules coming into force in December this year change the way annuities are calculated for men and women?

Joining Vincent Duggleby to answer your questions will be:

Billy Burrows, Director, Better Retirement Group
Tom McPhail, Head of Pensions Research, Hargreaves Lansdown
Katherine Oxenham, annuities expert. LV's Business Development Direct.

You can call Money Box Live.on 03700 100 444. Lines open at 1pm, Wednesday. Or email moneybox@bbc.co.uk

Producer: lesley McAlpine.