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    Categories: Retirement

Are annuities still a viable product?

With uncertainty surrounding pension plans, Peter Wouters, director of retail insurance products and marketing with Kingston, Ontario based Empire Life Insurance Company, says many investors are still looking for a guaranteed source of income that lasts a lifetime.

He explains how annuities can work in an environment of low interest rates. He spoke with reporter Olivia Glauberzon at the TMX Broadcast Centre in Toronto.

Click here to watch the video

Posted by: Phil Barker: Phil is a leading expert in life annuities in Canada. His website Life Annuities.com is a recognized authority on annuities. Recently, he's been redefining how annuities are sold in Canada.