Scottish Life upgrades income drawdown help for IFAs

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Scottish Life has updated its series of technical information leaflets on income drawdown for financial advisers.

The pensions specialist arm of the Royal London Group says the leaflets have been designed to help IFAs advise their clients appropriately and to determine whether income drawdown is a suitable retirement option. They topics covered include: How to calculate max GAD income, death benefits from crystallised and uncrystallised funds, plus income drawdown and the advice process. "Income drawdown is a particularly complex and important area of financial planning," Scottish Life individual business marketing manager Chris Peart says. "IFAs need to have a full understanding of the option...

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