Chancellor George Osborne's major shake-up of pensions, announced in last year's Budget, came as a major shock to the financial services industry.
The reforms, which will be implemented in April this year, will give retirees far greater flexibility on how they use their pension pots. They present a huge opportunity for asset managers, many of whom have already acted quickly to get their fund ranges ready to meet the demand from retirees. Since the Budget announcement, there have been a number of multi-asset income fund launches, while some fund groups have moved quickly to revamp existing strategies. Here is a round up of some of the key product launches so far...
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