retirement annuity contracts

Aberdeen Asset Management has launched four multi-asset funds for long-term investors following the introduction of pension freedoms this month.

Vanguard Asset Management is to expand its range of passive products for the retirement market after the introduction of pension freedoms detailed in this year's Budget.

Government plans to overhaul the retirement process could increase the threat of pensions liberation fraud by overstretching administrators, warns the Pensions Administration Standards Association (PASA).