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‘100,000 Face drawdown disaster’

Income drawdown has been a disaster for over 100,000 pensioners who will be significantly worse off than those who chose to buy annuities in 1995, says a report by Annuity Direct.

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Dalby moves to Norwich Union

Bates Investment Services head of investment research James Dalby is believed to be moving to Norwich Unions investment products team. Dalby, one of the UKs foremost investment commentators, will work with NUs fund managers and liase with fund managers externally to design and build investment products for the provider. An announcement is expected shortly.

Simply super

Sonia Speedy starts off a series on pensions around the world with a look at her native New Zealand

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