Five things your clients will call you about this week

Pensions bridge With so much coverage of the poor annuity rates available at the moment, clients about to retire will understandably be searching for alternatives and the Mail on Sunday gave readers a peek of one interesting option. It explained how AllianceBernstein will this week introduce a ‘retirement bridge', a low-cost version of income drawdown which would provide income and keep costs capped at less than 1% a year. The company's ‘off-the-peg' approach will be based on a series of pooled, low-cost tracker funds with exposure to different assets such as shares and bonds that woul...