Ask the Expert
Helen Morrissey talks to Axa Wealth’s Andy Zanelli about the growth of the income drawdown market.
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Every seven minutes a chronically sick saver is being deprived of a bigger income in retirement, leaked figures reveal.
The majority of savers under the age of 45 are unaware of the amount of income they can expect from their pensions when they retire, according to Standard Life.
The ‘poor value’ legacy pension schemes highlighted by the Office of Fair Trading (OFT) account for just 10% of the market but the industry audit will “sort any problems”, the Association of British Insurers (ABI) has said.
Sheriar Bradbury, managing director of Bradbury Hamilton, says the government should leave the annual and lifetime allowances alone and introduce a flat rate across the board. How does 30% sound?
The recent launch of the ABI’s Annuity Window has sparked debate as to how best to serve retirees. Helen Morrissey asks what constitutes a good quality shopping around service.
One in five Britons predicts they will never be able to retire fully, a survey has revealed.
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