Income drawdown: Why flexibility is more important than ever

Much has been written about the new pension legislation, particularly flexible drawdown in recent months, which is an exciting addition. Retirement planning has always been an area where sophisticated in-depth financial planning makes a significant difference to clients, especially focusing on the income planning, the tax efficiency of that income and meeting the retired lifestyle objectives, which have become more and more, demanding. IFAs and wealth managers have really focused in on this profitable market sector in recent years, with this baby boomer demographic holding a significant ...