Industry says report is ‘important step forward’ to address proliferation of small pots
Proposition allows members to convert their pots into inflation-linked income for life
Improvements aim to fundamentally improve how savers engage with and access their pensions
Philip Smith says decumulation option reform will help people to make the right choice
There is investment in a wide range of private market assets through a variety of structures
Industry experts say the standards will be ‘prominent’ through a members’ journey
Research finds over a third of workers aged 50 to 59 fear running out of money in retirement
Pension provider set to launch new DC proposition in H2 as it releases findings
Fund also aims to monitor and manage carbon and climate change risk exposures
Professional Pensions asks leading industry figures for their thoughts on today’s statement