Annuties and the Credit Crunch
I never quite got to grips with annuities and pensions but since many of my friends and colleagues have a laugh at how old I am it is always worth reading about how to sustain an income when the twilight years are upon me. This article from the BBC really explains this concept quiet well and how the current market situation effects the return on annuities. For those seriously thinking of retiring it is worth a read:
