Results for tag: "Retirement Age"

The Retirement Age market is a subset of the pensions industry, which provides financial security to individuals in retirement. Retirement Age products are designed to provide a regular income to individuals once they reach a certain age, usually between 55 and 65. These products are typically provided by insurance companies, banks, and other financial institutions. They can be structured as annuities, which provide a guaranteed income for life, or as lump sum payments. The Retirement Age market is highly regulated, with governments setting minimum standards for the products offered. This ensures that individuals are provided with a secure and reliable income in retirement. Some of the companies in the Retirement Age market include Aviva, Legal & General, Prudential, Standard Life, and Zurich. Show Less Read more