Scottish Life upgrades income drawdown help for IFAs

clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Why annuities are back on advisers' agendas

Why annuities are back on advisers' agendas

'Another factor bringing annuities back into focus is the evolving tax landscape'

Ahmed Bawa
clock 24 March 2026 • 4 min read
Just guaranteed income for life sales soar amid adviser demand

Just guaranteed income for life sales soar amid adviser demand

Reports IFRS loss before tax of £118m for 2025

Jen Frost
clock 27 February 2026 • 2 min read
Record-breaking year for annuities as larger pots drive £7.4bn sales

Record-breaking year for annuities as larger pots drive £7.4bn sales

ABI figures for 2025 at highest level since 2014 pensions freedom bombshell

Jenna Brown
clock 12 February 2026 • 3 min read