Using "unrealistically low projection rates" will deter people from saving and make it harder for consumers to decide between different funds, Aegon has warned.
The Financial Services Authority (FSA) wants to cut pension protection rates from 7% to 5% to give consumers more realistic expectations of retirement income. However, Aegon said the move is likely...
Following FCA letter
Dear CEO letter sent today
Bought BHS for £1
And other investors
Consultation closes on 30 October
CFP Nathan Bater speaks to PA
It's The Pro Adviser Podcast
Morningstar sees 'building investor interest' in ESG space in January data
Don't rule anything out
Cautious, Moderately Aggressive and Aggressive portfolios