The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.
In the committee's Pension Freedoms report published in April, MPs recommended every pension provider offering a drawdown product must, by April 2019, offer a default decumulation option. Today ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
