RE: Why we cruise!10 Jul 2023 14:05
I understand what you’re saying, Bot. I used to wok in life insurance. Unless you were in a Defined Benefit pension scheme, an annuity was your only option in those days. I am pleased that the choice is now greater but with that comes the need for advice (it’s compulsory in some areas/products now) and, consequently, the opportunities for mistakes and scams.
Anyway, although I am playing with the investments in my SIPP, it does not form any part of my income. If I can get to a reasonable sized pot, I may trade the risk for the income but where’s the fun/nail biting in that?
B