The 2014 Financial System Inquiry identified problems in the current offering and design of retirement income products in Australia and suggested a new product design called 'Comprehensive Income Products for Retirement'. These have recently been rebranded as 'MyRetirement products'. Their design incorporates the beneficial characteristics of account based income streams and annuities (such as income, flexibility and risk management) into the one product. Compare and contrast these design features for account based income streams and annuities.