Tax doesn't have to be taxing with income drawdown

The use of income drawdown has waned a little in recent years. According to ABI statistics the market has fallen by almost 50% over the last five years. What are the reasons for this? Well clearly the challenging investment climate and the difficulty in maintaining income over the last few years won’t have helped. But are individuals overlooking the benefits drawdown can bring? Possibly. Not only are there the usual benefits of investment and income flexibility, there are also other strategies that capped drawdown can deliver to form an effective overall tax planning strategy. Here...