Rockingham outlines 'drawdown for the masses' plans

The retirement income specialist's managing director, Steve Hunt, says it is unfair to limit peoples' options purely because they have a small pension pot People approaching retirement with a small pension pot are often in danger of ‘giving away' their money to an insurance company, Hunt says. "All too often, someone with a £30,000 fund will be forced to give their hard-saved cash to an insurance company in exchange for an annuity," he explains. "However, if you die prematurely, perhaps just a few years after retiring, then you've basically given all your hard-earned savings to an ...