Royal London’s Drawdown Governance Service (DGS) is now live, allowing adviser to monitor the level of income withdrawals their RL clients are taking and manage sustainability. It also gives us a snapshot of what clients are currently doing and the chance to monitor trends over time.
Ros Altmann reportedly hoped for more product innovation following pension freedom¹, and according to one poll 66% of advisers also believe that providers should be doing more².
Royal London firmly believes in the value delivered to clients by financial advisers, not just for one-off events but on an ongoing basis.
Steve Webb, our Director of Policy and External Communications, provides a summary of Royal London's latest policy paper.
Six months into freedom and choice the FCA are continuing to monitor consumer choices in order to identify high risk activities and introduce any necessary changes to regulation. We summarise their latest report.
Royal London have published research into retirement savings in the UK. Here we look at some of the key findings.
Following the introduction of the new pension freedom, Royal London commissioned independent research to determine whether our customers understood the implications of withdrawing money from their pension plan.
Part of April's new pension legislation saw the introduction of nominee and successor flexi-access drawdown.
We're mailing trustees, employers and customers to tell them about changes to their pension plans to cater for the new pension flexibility.