Trump’s decisions are often a moving target and news outlets continually report on these announcements, which causes uncertainty. And if there is one thing that investment markets do not tolerate, it is uncertainty. It results in volatility, which can be a problem for pensioners.

Navigating any landscape begins with knowing where you are, where you want to go and what your perspective is. The same concept applies when choosing a retirement income solution that will see you through the rest of your days.  

Retirement is probably the only time you can justify spending your life’s savings. With current laws requiring that pensioners buy a living or life annuity product with at least two thirds of their retirement savings when they retire, it’s also likely to be a gift that you buy yourself and may not be wrapped as you would expect.