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Professional Pensions

PADA: Lifetime annuity likely to be most appropriate personal accounts option

  • Jonathan Stapleton
  • 27 May 2009
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A lifetime annuity or trivial commutation is likely to be the most appropriate decumulation option for personal accounts members, PADA says.

The Personal Accounts Delivery Authority published responses to its consultation on decumulation - Building Personal Accounts: Securing a Retirement Income - today. It said there was also general acknowledgement...

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