Expanding access

Of course it is great that retirees have more flexibility. They can choose to annuitise later or not at all and the introduction of capped and flexible drawdown means people have more choice than ever before as to how they access their retirement fund.  However, once you’ve had the chance to sit back and think about the changes you can’t help but ask how much is really going to change? Entry into the various drawdown options will be dependent on satisfying a minimum income requirement. The level at which this should be set and assessed will form a key part of the consultation but early c...