Worried retirees have revealed their fears as the fourth anniversary of pension freedoms approaches.
A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39% have ‘zero’ willingness to take a risk with their money, according to a survey from a pension, investment and SIPP provider.
Former Skandia marketing director Nick Dixon has been appointed as investment director at Aegon UK.
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