Image: Scottish Widows’ report on decumulation has looked into advice preferences among members Scottish Widows has launched a ‘retirement matrix’ mapping tool as part of research into decumulation.
The pension provider launched the cubic mapping tool to assist advisers and retirees better plan their income as part of its ‘Decumulation: Understanding the Needs of the Nation’ report.
The research on 1,500 retirees and near-retirees found several "gaps in the market" between members’ retirement expectations and the decumulation products they choose. Retirement preferences It found while the majority (80%) said they wanted a "guaranteed income for life", only a minority are […]
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