Phoenix introduces in-scheme drawdown for master trust clients

James Phillips
clock • 1 min read
The in-scheme drawdown proposition will be offered to members of the Standard Life DC Master Trust
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The in-scheme drawdown proposition will be offered to members of the Standard Life DC Master Trust

Members of Phoenix’s defined contribution (DC) master trust will be allowed to access their pension savings via in-scheme drawdown.

The move has been announced alongside plans to put in place four investment pathway options for members, focusing on when members will access their money, and offering four Standard Life funds designed...

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