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BlackRock has launched a retirement income tool to allow consumers to determine how much they need to save to avoid running out of money in retirement.
MetLife has launched a flexible guaranteed drawdown product utilising funds from Fidelity Worldwide Investment and BlackRock.
Investment giant BlackRock has acquired US robo-advice business FutureAdvisor, through which it plans to reach out to the "mass affluent".
A BlackRock defined contribution (DC) saver has used pensions freedom to cash in a £300,000 pot despite warnings he would be hit by the 45% additional tax rate.