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Drawdown beats annuities but pension cash is king

Drawdown beats annuities but pension cash is king

More than half of UK pension pots accessed for the first time were withdrawn entirely as cash lump sums in Q3 2016. Drawdown proved twice as popular asannuities but a fall in the number of people seeking advice before making pension decisions has some in the industry concerned. Please link to International Adviser to login and read the full article by Kirsten Hastings.

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