Scottish Life launches IFA income drawdown guides

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Scottish Life has launched a series of technical information leaflets on income drawdown to help IFAs advise clients on whether the pension option is suitable.

The pensions specialist arm of Royal London said the leaflets highlight issues and potential risks IFAs need to consider when recommending income drawdown. Available from the Scottish Life website, topics covered include: critical yield, what factors trigger a recalculation of max GAD income, calculating max GAD income and PCLS recycling. Death benefits from crystallised and uncrystallised funds, income drawdown and the advice process, building investment portfolios for drawdown and comparing retirement benefit options, are also covered by the leaflets. They can be accessed from www.sc...

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