I have found that Income Drawdown is a complex area of retirement planning and isn't suitable for my clients......

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Question: I have found that Income Drawdown is a complex area of retirement planning and isn't suitable for my clients. I am however open to change and I am keen to investigate further opportunities for my clients. Can the panel each tell me what the minimum amount of Investment they accept after any tax-free cash has been taken? What circumstances must my clients adhere to be suitable for an Income Drawdown plan from each of your companies?

Answer: Stewart Dick - Hornbuckle Mitchell As noted in the question, and in previous answers, income drawdown certainly wont suit every client. However, there are many cases where income drawdown will suit the individual very well and we'd encourage advisers to review all the options available for each client - there is no 'one size fits all' solution for retirement planning. With regard to the specific questions, we do not impose a minimum investment level on any of our SIPP plans, other than the need to retain £1,000 in the trustee bank account. We operate a flat fee struct...

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