Aegon launches pensions freedom website and modelling tool

It also announced plans to launch a guaranteed retirement income product on its platform soon. It said the site - Your Retirement Planner - would help advisers navigate the maze of retirement income choice available under pensions freedom and would complement the government-backed guidance service Pension Wise. The service is built around an interactive planning tool which illustrates options such as drawdown, annuities or cash lump sums depending on the mix of options they choose. Aegon retail managing director Duncan Jarrett said: "The days when an annuity was the obvious option ...