Consumers failing to shop around for drawdown products

Kristian Brunt-Seymour
clock • 2 min read

Seven in ten people who have accessed their pension since the April freedoms have not looked around for different products, according to Citizens Advice.

The national charity's Drawing a Pension report which surveyed 501 people who accessed their defined contribution pensions since last April, found 352 chose to stick with their existing provider. ...

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