Drawdown
Axa Wealth drops pension platform charges
Axa Wealth will scrap regular charges for both its pension products and drawdown services available via the Elevate platform.
Good value products needed for small
Income drawdown is “unlikely to be suitable” for pensions under £50,000 in the current market, the Financial Conduct Authority’s (FCA) director of policy has said.
Pru plans critical new products in Budget aftermat
Prudential is to invest £50m a year into a host of “critical” new products as it attempts to consolidate a 42% drop in annuity sales resulting from the pension reforms in this year’s Budget.