Draw down cautiously

Retirement planning has to be one of the most financially significant tasks a person will ever undertake. People are living longer and expectations of high living standards are also increasing. As a result, making the most of your retirement assets is, on the one hand, highly desirable, and on the other seen as complicated and time consuming. Income drawdown is widely known to be an option which customers can use to optimise their income but, for many, it has belonged in the 'too hard' or 'too risky' category. The retirement market has, however, changed rapidly in recent years in terms of...