Flexible drawdown: Are advisers missing a trick?

For many of my years as an IFA I heard clients complaining about the restrictions placed on them when they wanted to access their pension funds. The advent of flexible drawdown appeared to give that freedom, so why has take-up been so low? Is it that clients do not really want full access to their pensions, or are IFAs missing a trick by not utilising flexible drawdown to its best advantage? It may be that the prospect of a 50% income tax charge on substantial withdrawals has put many clients off but there are certainly ways in which the flexibility offered can be put to good use. The...