The government has commissioned the Government Actuary’s Department to review income drawdown tables.
The Budget 2013 document said the review will look at the assumptions used to provide drawdown rates to "make sure they continue to reflect the annuity market". From 26 March capped income drawdown rates...
IHT on the rise
It's not a legal obligation
Men and women working longer
Cental banks' credibility could be called into question
Decision due by the end of the year