Income drawdown is finally coming of age
Aegon has launched a ‘third-way' retirement income product on its platform which gives retirees access to drawdown with a guaranteed level of income.
'The case for annuitisation is especially weak right now'
Here's to the next 25 years of pension saving
The government will closely monitor the developing drawdown market following the introduction of pensions freedom and act to cap charges if necessary, Lord Freud has said.
The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.
Standard Life has become the latest provider to face adviser criticism as some life companies seemingly struggle to deal with pensions changes they claimed they were prepared for.
'Retirement ready' clients need long-term advice
'Pensions freedom will be a minefield'
Parmenion has added four withdrawal options to its in-house self-invested personal pension (SIPP) offering, including uncrystallised lump sum (UFPLS).