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'
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).