Shopping around for retirement products, state pension credits and the security of retirement plans - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Return of the pension annuity sales scandal In a very retirement-heavy 'three things' we begin with this week with a piece from The Times, which delves into the competitiveness of retirement products sold to new retirees. The article questions why the same proportion of people fail to shop around for their income products - whether that is drawdown or an annuity - at retirement age, with around 60% staying with the same provider they were with in the accumulation phase. Continuing along this theme, the article wonders why parliament voted down an amendment to the pensions bill, which ...
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