Drawdown: Five trends shaping the new retirement market

Last year's pension reforms opened up drawdown to the mass market, allowing consumers to keep their pension invested while drawing a regular income. Since then, data from the Association of British Insurers (ABI) shows 63,000 pensioners have moved £4.2bn into drawdown. So how are advisers investing client pension pots? Here are five trends shaping the drawdown market.   Active outpaces passive Analysis of our platform data found 95% of the cash invested into drawdown since the pension freedoms has flowed into actively managed funds. While passive funds have gained ground on...