Providers need to update default solutions post-freedoms

James Phillips
clock • 2 min read

Default solutions need to be amended to take account of the changing use of funds at retirement since Freedom and Choice was introduced, Zurich has said.

The insurer said many old default solutions are not designed to reduce allocation to risky assets, such as equities, as someone approaches age 55 and warns that, now Freedom and Choice allows saver...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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