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If your retirement savings were invested in balanced funds through the market turmoil of 2020, there is some good news. You can currently secure a guaranteed income for life that is over 15% higher than it would have been had you invested on the 1st of January last year before the market crash; an income that targets growth in line with inflation.
Retirees, in general, battle with the concepts of longevity, safety and inheritance when they reach retirement, and it seems as if many tend to consider fees as one of the most important aspects when deciding which retirement income solution to choose.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?