AllianceBernstein has designed a capped drawdown product it says will give pensioners "breathing space" before they buy an annuity.
The ‘retirement bridge' would work in a similar way to an income drawdown product, where retirees receive an income from money that remains invested within a fund structure, but would be available to average...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point