'Genuine revolution' in public response to pension reforms

A finance firm's chief executive believes the Budget reforms have genuinely unlocked customers' interest in their pensions for the first time and expects to see a rejuvenation in people seeking broader retirement advice.

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Government extends pension drawdown deadline

People who have recently taken a tax-free lump sum from their defined contribution pension will get 18 months rather than six months to decide what they wish to do with the rest of their retirement savings. Read more...

Aviva remodels income drawdown solution

Aviva has remodelled its income drawdown solution and says this will help customers by giving them greater choice and more flexibility in how they take their retirement income. Read more...

Standard Life drawdown assets reach £10bn milestone

Customers with drawdown pensions at Standard Life have amassed £10bn in assets under administration, suggesting the schemes are becoming a serious alternative to annuities. Read more...
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