Prudential enters non-advised drawdown market

Since April over 55s have been able to access their defined contribution pension pots through pensions freedom and choice. The almost compulsory route to annuitisation was broken by the reforms meaning more people now have the option to remain invested via income drawdown. Prudential said it was entering the market despite its "unwavering" belief advice is the best option for retirees.  Its Pension Choices Plan offers access to the provider's multi-asset funds without the requirement to work with a regulated adviser. It gives access to the provider's PruFunds range and its four ...