Income drawdown: "Misunderstood, under-used and under-valued"?

Deloitte recently said income drawdown can be used to increase retirement incomes by up to 20%. However, despite this finding, Deloitte partner, Richard Slater described income drawdown as "misunderstood, underused and undervalued." Is this truly the case? Slater also claimed drawdown could become more widespread if providers develop products that generate higher levels of income and protect capital. He is right in that the market needs some development before it has a major growth spurt. Another interesting idea recently put forward by Rowanmoor Pensions, was linking the underlying a...