Almost a fifth of defined contribution (DC) pension schemes will offer flexible drawdown as a result of the freedom and choice reforms, according to research.
Linklaters, which carried out the study, said this was higher than expected given the administrative complexity and likely higher costs involved in providing the pension freedoms. The survey of 70 trustees...
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