The illusion of change: assessing the changes to retirement income

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Since the coalition government came to power in May the retirement income industry has seen unprecedented change - not least the launch of a consultation on abolishing the Age 75 rule. This is a subject close to the hearts of many within the retirement income market and has been greeted with almost universal enthusiasm.

  Of course it is great that retirees have more flexibility. They can choose to annuitise later or not at all and the introduction of capped and flexible drawdown means people have more choice t...

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