Changing times

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Helen Morrissey talks to a panel of experts about the current market turmoil and how it will affect the income drawdown market

Morrissey: If we start off with the first question. The investment markets are huge news at the moment, and we have seen some substantial falls. Are these volatile markets affecting people's decision to enter the drawdown market and, if so, in what way? Price: I don't think the current market is deterring people from entering drawdown right now. Any decision to use drawdown is made for the long term; it is not made to invest today to take the money out tomorrow. The key factor for us has always been that the consumer is aware of what they are investing in and that they understand the risks...

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