How JP Morgan's DC fund is addressing the decumulation problem | News
By Nick Reeve2021-03-11T16:15:00+00:00 Six years after the introduction of pension freedoms in the UK, the defined contribution (DC) market still lacks innovation for members in retirement, according to industry experts. Panellists at the Pensions and Lifetime Savings Association’s (PLSA)virtual investment conference debated the state of the decumulation options available to members. Rene Poisson, chair of JP Morgan’s £4.9bn (€5.7bn) DC pension plan, said his scheme had reassessed its decumulation offering in the wake of the 2015 policy change, which saw then-chancellor George Osborn...
Source: ipe.com