Axa Wealth has introduced flexible drawdown to its Retirement Wealth Account (‘RWA'), the company's self-invested personal pension.
It said the enhancement would give investors greater independence and flexibility for drawing income in retirement. Special products managing director Nick Elphick said: "Flexible drawdown gives clients more freedom with their income in retirement and as people are working and living longer these additional options have never been more important. "The introduction of flexible drawdown to the Retirement Wealth Account is an important addition and further enforces the continued commitment by AXA Wealth in a market where advisers have limited options." Benefits of flexible drawdown in...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
