Drawdown women could see income rise 40% - Standard Life

Standard Life said gilt yields used to calculate income limits for income drawdown will rise from 2% to 2.75% for March reviews. It said this, coupled with the implementation of the gender directive last year and rising gilt yields, would mean income increases of about 18% to £5,100 for a 60-year-old woman with a £100,000 drawdown pot. The provider added that the return of the 120% GAD rule for reviews after 25 March would mean the maximum income the subject could take would rise to £6,120 at her next review - an increase of 42.3% on their 1 December 2012 limit, which stood at £4,300. ...