David Coombs: Multi-asset is only one part of the pension freedom solution

Emergency monetary policy has made life difficult for savers, particularly pensioners approaching retirement. Bond yields - and annuity rates which are closely linked to them - have fallen to paltry levels. However, the pension freedom reforms initiated this year give more options to retirees and those approaching their golden years. Most particularly, investors are no longer forced to buy annuities, and can tap other parts of the market to provide income as they drawdown from their pension pot. No one client's circumstances are the same as another; nor is their tolerance of ris...