Helen Morrissey looks at PLSA research into the experiences of the first people to access retirement income freedoms.
More than 60% of trust-based schemes do not provide access to a flexible drawdown facility, suggesting a slow response to the April freedoms, according to Willis Towers Watson.
Changes to defined contribution scheme (DC) governance over the last five years have not improved member outcomes, according to 61% of pension managers and trustees in a survey.
Fiona Matthews considers whether employers should facilitate income drawdown for staff
Almost half of those opting for income drawdown in retirement have done so without seeking advice, new data from the Financial Conduct Authority (FCA) has shown.
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Aegon has overhauled its workplace pension default funds in response to the extra retirement flexibilities introduced in April.
Providers must to make strong case to keep variety of charges
'Drawdown isn't always the best option for clients'