Scheme Pension: When is it right?

clock

Martin Tilley looks at the issues advisers need to bear in mind when recommending scheme pension.

Many end of year round ups have focused on the problems experienced by IFAs and clients facing formal drawdown reviews and the change in method of pension receipt to capped drawdown. Several factors such as the underperforming investment markets and reducing gilts yields could have been featured in possible future scenarios when income drawdown was first proposed. However, the Government review of the Actuary's drawdown tables as well as the draconian removal of the 20% uplift over standard tables may not have been and the latter has the most significant influence on maximum income reduc...

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: Entries for all categories now open!

PA Awards 2027: Entries for all categories now open!

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

Professional Adviser
clock 07 July 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
Last chance: MPS conference to explore different approaches in shifting landscape

Last chance: MPS conference to explore different approaches in shifting landscape

Takes place in London tomorrow

Professional Adviser
clock 01 June 2026 • 1 min read