'Transfer activity has yet to recover from pre-pandemic levels'
Annuity rates hit two-year high
Could have benefited from IP16
'Client had no pensions expertise’
'Inaction is not a good option'
Pensions Policy Institute says £7,000 per £100,000 pension pot could have been gained
15% of provider's total sales
Moved on from 4% rule of thumb
Only one in ten opt for an annuity
‘Dramatic’ drop due to pandemic’s economic impact