Low-cost Drawdown Plans Offer Escape from “Annuity Trap”
Emma Simon, Deputy Money Editor of the Daily and Sunday Telegraph, suggests that low-cost income drawdown plans like AllianceBernstein’s Retirement Bridge range should offer a lower-risk alternative to conventional drawdown products.
May 21, 2012
Giving Retirees a Real Choice
Tim Banks, our UK Head of Sales and Client Relations, questions whether a flat-rate single-life annuity is still the best way for DC pension members to secure an income in the early stages of retirement. Our research suggests that giving them more choice could also give them more income.
May 14, 2012
Giving Retirees a Genuine Choice
Few people think about how they will secure an income when they give up work, so most end up with a flat-rate single-life annuity. Tim Banks, our UK Head of Sales and Client Relations, argues that giving them more choice could ultimately also leave them with more retirement income.
May 14, 2012
Addressing the Needs of the Deferred Pensioner in DC
Deferred pensioners are the Cinderellas of the industry. We think they deserve something better than what they are currently being offered, says Tim Banks, our Head of Sales and Client Relations.
April 26, 2012
Retirement Bridge: Providing a Real Choice for Retirees
Most savers in defined contribution (DC) pension schemes buy an annuity when they retire. But changes to life expectancy are undermining the benefits of immediate annuitisation, so is there a better way to deliver an income in retirement?
April 23, 2012
This Bridge to Retirement Is Worth a Look
Our new Retirement Bridge product, which aims to smooth the transition from work into retirement, won favourable press comment after its launch in April. Writing in the The Mail on Sunday on April 22nd, Personal Finance Editor Jeff Prestridge suggested that it was “the kind of innovative thinking that might help the millions of savers who will retire in the next decade.”
April 21, 2012
The Plight of the Deferred Pensioner
Doing the right thing for people who leave the company but stay in the scheme is one of the biggest issues facing the defined contribution workplace savings industry, writes Tim Banks, our Head of Sales and Client Relations.
April 16, 2012
Smoothing the Journey for DC Savers
David Hutchins, our Head of DC Investments, outlines four basic investment rules any DC default fund needs to follow to be successful.
March 19, 2012
What would a member expect?
With auto enrolment just round the corner, Tim Banks, our Director of UK and Ireland Sales and Client Relations, looks at how target date funds can meet the expectations of the likely influx of new DC pension scheme members.
February 23, 2012