S
Sid Dagore
Member
Hi!
I wonder if someone could please explain to me how on earth the 2nd draft could possibly be considered better than the first?!?!?
The question seemingly clearly asked for the factors involved in a pensioners choice of either an index-linked or level annuity. What sense does it make to say that one of the factors is inflation?
I can't imagine that an average layperson would have any idea of inflation is likely to be in the next several years - this just seems unreasonable. Wouldn't a much better solution have dealt with the pensioner's perception of his own life expectancy, and figured inflation into that?
Thanks,
Sid.
I wonder if someone could please explain to me how on earth the 2nd draft could possibly be considered better than the first?!?!?
The question seemingly clearly asked for the factors involved in a pensioners choice of either an index-linked or level annuity. What sense does it make to say that one of the factors is inflation?
I can't imagine that an average layperson would have any idea of inflation is likely to be in the next several years - this just seems unreasonable. Wouldn't a much better solution have dealt with the pensioner's perception of his own life expectancy, and figured inflation into that?
Thanks,
Sid.