Scottish Widows will be one of the first providers to bulk switch its workplace pension customers into default funds tailored to freedom and choice.
The insurer's decision comes on the back of research of its customers since the implementation of the pension freedoms last April which found around only 25% of customers opted to take an annuity. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
