Fidelity Worldwide Investment has launched an at-retirement service ahead of the deadline for implementing the new flexibilities for defined contribution (DC) members next April.
Targeted at advisers, employers and individuals, the service will signpost users to a variety of retirement income options, including whole of market annuities, drawdown and income-generating investments. Users will be able to navigate their way through the various at-retirement choices via online tools like guidelines, checklists and videos, and will be able to create their own income plan. The service offers additional support over the phone and includes the Fidelity safety net check, which reviews users' choices to ensure they do not make decisions that could be detrimental to their...
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