Savers could benefit from 'flex first, fix later' pension
Savers could make the most of their retirement funds in later life if they opt for the 'flex first, fix later' pension, experts say.
Source: moneymarketing.co.uk
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LCP calls for mass market default switch to annuities
A ‘flex first, fix later’ pension that would switch to annuities when retirees are in their late 70s early 80s would combine flexibilities and guaranteed income in a way that could help people have better retirement outcomes, according to Lane Clark & Peacock (LCP).
Source: professionalpensions.com
Why everything you thought about pensions is now wrong
Interest rate rises are changing the way retirees should invest their savings
Source: telegraph.co.uk
Industry fears Opperman's work will go to waste
The newly resigned Guy Opperman has been praised across the pensions industry this morning with many signalling their fear that significant reforms he has backed will now fall by the wayside.
Source: professionalpensions.com
Five million pensioners who bought the 'wrong' annuity will lose £400 a year
Retirees will be among hardest hit by rising cost of living
Source: telegraph.co.uk