Savers in Zurich corporate pension schemes will be able to access non-advised drawdown from the provider.
The Financial Conduct Authority (FCA) has written to pension and retirement income providers to request details about consumer access to - and charges on - decumulation products.
Statement brings 'clarity' to the current situation
Assessing the strengths and weaknesses of the UK retirement sector
How the 4% rule can help
Four out of five cash lump sums paid out to under 65s
Avoiding tax, accessing pension freedoms and the lifetime allowance are the topics which most concern people who contact the Pensions Advisory Service (TPAS).
The Budget changes have brought major changes to how people access their pension pots. Helen Morrissey examines research that finds major implications for pre-retirement investments too.
Aon Employee Benefits has launched an online retirement platform, Bigblue Touch 4life, to give scheme members access to freedom and choice.
Aegon has initiated a review of its annuity business in the UK.