Drawdown + underpin
Blending income options gives better control
Regulator 'awake at night' over consumer detriment
£19.7bn withdrawn since pension freedoms
Not all providers are willing to use the provision
Retirement Outcomes Review
Retirement Outcomes Review consultation
£3bn 'languishing' in low yielding accounts
DB administrators overwhelmed by adviser requests
Streamline working practices
Average withdrawal £7,644
Freedoms started in April 2015
'Not much loved'
Pension freedom in ‘great danger’
Gaps in functionality post-pension freedom
'Promising lead’ or ‘Back to the lab’?
Achieving a state of harmony
‘Promising lead’ or ‘Back to the lab’?
As WPSC has recognised
Make it ‘part of the process’