So when should you recommend flexible drawdown?

With an ageing population, record low gilt yields, increased flexibility and a choice of income options, the need for ongoing advice throughout an individual’s retirement has never been greater. It is therefore important advisers ensure they continue to keep abreast of all developments and planning opportunities that are available to them. The introduction last year of flexible drawdown, and the much-feared 55% special lump sum death benefit charge, heralded speculation of great changes. For those fortunate enough to be able to meet the minimum income requirement, the ability to st...