Standard Life sets out its wishlist for decumulation reform
Product aims to provide flexibility for members regarding their retirement income
Standard Life projects 87% higher costs than those who are mortgage- and rent-free
Standard Life update shows more over 50s use or intend to use DC income over DB
Investment risk, mortality assumptions and scheme sizes need to be taken into consideration for CDC
Report learns drawdown is a challenge among DC systems in the US and Australasia
Made to meet the ‘increasing desire’ for guaranteed income in retirement
ABI research finds nearly £1.2bn worth of annuities sold in first quarter of the year
Royal Mail Collective Pension Plan becomes UK first collective defined contribution scheme
Industry broadly in favour of plans to expand CDC to multi-employer schemes