The Work and Pensions Committee has recommended that every pension provider offering a drawdown product must, by April 2019, offer a default decumulation option to ensure savers get the best deal in retirement.
In the report Pension freedoms, the committee said automatic enrolment has been a "tremendous success" at bringing millions more people into pension saving, but added there was little evidence to suggest...
'Managed separation update'
The chairman discusses his surprise holiday job
Three months on
Regulator has stepped in