Income

'Transfer activity has yet to recover from pre-pandemic levels'

Annuity rates hit two-year high

Could have benefited from IP16

'Client had no pensions expertise’

'Inaction is not a good option'

Pensions Policy Institute says £7,000 per £100,000 pension pot could have been gained

15% of provider's total sales

Moved on from 4% rule of thumb

Only one in ten opt for an annuity

‘Dramatic’ drop due to pandemic’s economic impact