Providers will revisit drawdown charges after 'race to the bottom', says LV=

Carmen Reichman
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Providers who have cut drawdown charges in the run-up to April 6 to "grab market share" will revisit their decisions in the months to come, suggested LV=.

Head of pensions Ray Chinn (pictured) said charging clients too little for drawdown products is not viable for many businesses and may attract clients who are looking to withdraw their funds quickl...

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