Drawdown regrets for savers are putting pension freedoms at risk. Savers who invested in drawdown are unhappy with their choice while others admit they did not understand the risks before buying, new research* from MetLife shows. – More than one in five admit they did not understand the risks of conventional drawdown and more than one in 10 are unhappy …
Drawdown interest drops and annuities surge six months after pension freedoms
New research has suggested that 10 per cent more people are likely to seek a guaranteed income – such as an annuity – than they were in the immediate aftermath of the introduction of pension freedoms in April this year. The latest index from financial forecasters eValue has revealed that 43 per cent are now exploring a guaranteed income post-retirement, …