Planning ahead in an uncertain world

One of the key challenges that all advisers face is keeping one step ahead of their clients and warning them in advance about changes that will affect them. If you are an adviser with a client who is withdrawing an income directly from their pension fund then please read on. There is a real risk that your client may face a significant reduction in the amount of income they can withdraw from their fund. Recalculation of maximum income limits Under the post A-Day rules, the maximum income that an individual with an unsecured pension fund can withdraw is recalculated every five years. ...