decumulation

How advisers are tackling sequence of return risk

Helen Morrissey talks to pensions minister Steve Webb about auto-enrolment one year on.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

High and opaque charges are harming savers with defined contribution (DC) pension schemes, according to the Financial Services Consumer Panel (FSCP).

COMPLAINTS

The industry must automate the decumulation phase of defined contribution schemes, National Association of Pension Funds chief executive Joanne Segars says.

Philip Mowbray highlights the importance of taking a different approach to investment during the decumulation phase.

Advisers must make customers understand their decumulation choices are as important as initially saving towards a pension fund, says Aegon.

Scottish Life has launched an information pack to help advisers make the most of changes to the minimum retirement age in 2010.

AIFA is preparing a major industry study into the issues surrounding decumulation, it was announced today