David Simpson: "To meet these changing customer needs, pension products must also change to offer greater flexibility." Five years on from the introduction of pension freedoms there’s still much more the pensions industry can do to fulfil the promises of the legislation and meet the evolving needs of tomorrow’s pensioners, writes David Simpson
Until recently, retirement was generally a shift from working full-time to not working at all and needing a complete replacement income.
Except for the very wealthy, an annuity which gave a guaranteed level of income in retirement met most people’s needs. But client needs are changing.Nowadays, retirements are […]
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