Three things we learned this week

Govt must go further to ease ‘drawdown pain’  The government should do more to ‘ease the pain' suffered by drawdown pensioners, many of whom will not be helped by the 120% limit reinstatement until 2014, Standard Life has said. The provider said the move back to 120% of GAD - announced in the Autumn Statement and up from 100% - would make a real difference, but many customers would have to wait until 2014 to feel the benefit. Alastair Black, Standard Life's head of customer income solutions, said: "The problem is that, as the proposals stand, the higher 120% income limit won't kick-...