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Taking an income in retirement is a tricky area which providers are struggling to address with limited innovations, says Al McMutrie, head of strategic partnerships at BNY Mellon Asset Management.
Click on the video above to find out more about this issue and whether consolidation of the industry is part of the answer.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
