Can providers really justify income drawdown charges?

Providers must to make strong case to keep variety of charges

clock

The array of drawdown charges currently levied on clients is under increased FCA scrutiny post-pension freedom. Providers will have to make a strong case to keep them all...

Since Pension Freedom Day on 6 April 2015, the government and Financial Conduct Authority (FCA) have been monitoring the retirement market with increasing intensity. They want to flush out and s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

DC defaults become more growth-focused as providers adapt to member behaviour

DC defaults become more growth-focused as providers adapt to member behaviour

Isio says higher equity exposures more common in the growth and retirement phases

Jonathan Stapleton
clock 06 March 2026 • 2 min read
TPR warns smaller schemes to do more on decumulation

TPR warns smaller schemes to do more on decumulation

Watchdog says two-fifths of schemes offer no retirement income option at all for members

Jonathan Stapleton
clock 05 March 2026 • 1 min read
Factor differing career paths into design of default pension plans, TPR says

Factor differing career paths into design of default pension plans, TPR says

Schemes need to consider ‘widespread’ career breaks when designing default plans

Martin Richmond
clock 02 March 2026 • 3 min read
Trustpilot