Drawdown decisions: Pensions freedom options for retired clients

A lot has been said about what the new retirement reforms will mean for people aged over 55 in the UK but much of the conversation has concentrated on those that are yet to reach retirement. What about your clients that are already in drawdown arrangements, what does the future of retirement income hold for them? For those in flexible drawdown this might be fairly straightforward as they switch to flexi-access drawdown arrangements - provided their provider is ready in time. Those clients that already have capped drawdown arrangements are in a slightly different position. The po...