- Our reader wants to generate an income while protecting his portfolio
- He’s considering buying an annuity
- He might have to contend with inheritance tax
Reader Portfolio
Ramayah and Sally
72 and 62
Description
Isas, general investment account, personal pensions
Objectives
Protecting capital, generating income, take out an annuity
Portfolio type
Preserving wealth
One of the many side-effects of the rise in interest rates has been that annuities have become a much more attractive option than they were two years ago. However, investors who are planning to buy one need to think about how to prepare their portfolios.