Why employers should facilitate a drawdown route for employees

From the blog: Since the pension reforms were introduced in April 2015, retirement is being talked about more than ever before. This is mainly because these laws will affect almost every employee and employer.

It was interesting to find out from our recent research that many employers are not offering these new drawdown options to their staff.

Only 43 per cent of employers plan to offer a drawdown option as part of their pension plan, even though 87 per cent of employers believe their staff will want to access some or all of their pension after the age of 55.

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