UK - Norwich Union is introducing a new special offer on its trustee investment product used for income drawdown.
From April 6 any pre- or post-retirement product investing in a new TIP will benefit from the removal of the plan management charge.
Norwich Union has forecast that the income drawdown market will be a growth area as a result of pensions simplification.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers