Having it all: Pensions freedom retirees want best of both worlds

Pensions freedom retirees want best of both worlds

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Post-pensions freedom retirees believe income flexibility is all-important. Duncan Jarrett says the onus is now on providers to come up with the goods...

Following the Budget reforms in April, flexibility is fast becoming the key differentiator when it comes to retirement planning. People aged over 55 are increasingly looking to retain the security of guaranteed retirement income, with the added option to access their nest eggs should the need arise. Some recent research we commissioned at Aegon UK shows that in this ‘at retirement' age group, as many as three in five would like to have a regular and guaranteed annual income in retirement, but a similar number also want flexibility. More than half at this stage in life have either e...

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