The highs and lows of income drawdown

The government has invested significant time and energy in trying to remove the cliff-edge of retirement. Ministers have for a decade now talked about the desire to move away from a situation where people are in work one day and completely retired the next. So it is perplexing to find the regulator holds the contrary attitude towards younger users of income drawdown. Public-sector workers are actively encouraged to take flexible retirement by reducing their number of working days and drawing some of their pension early to make up any shortfall in their income. Income drawdown offer...