Better Business: Pension Drawdown

clock

Steve Latto, head of pensions at Alliance Trust Savings, on making sure a change in income does not lead to an unexpected outcome.

In the fast changing world that we now live in, one of the key challenges all advisers face is keeping up to date with changes in the regulatory environment so they can keep one step ahead of their clients and warn them in advance about changes that will impact 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. Maximum income limits Under the post A-Day rules, the maximum income tha...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

PA Awards 2027: Submit your entries by 18 September

PA Awards 2027: Submit your entries by 18 September

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 04 September 2026 • 1 min read
Multi-Asset and MPS Roadshow: Join PA in a location near you this month

Multi-Asset and MPS Roadshow: Join PA in a location near you this month

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 04 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read