Three things your client may call you about this week ...

The Telegraph and The Sunday Times

clock • 3 min read

The cost of drawdown, potential IHT changes and fund payouts 'slashed' - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend...

Drawdown pensioners could save £12,300 by switching provider as many face extortionate fees Pensioners may be sleepwalking into paying excessive fees when they could save tens of thousands of pounds by switching their drawdown provider, writes The Telegraph. Complex charging structures make it difficult for savers to work out how much they have paid in fees or to compare costs between companies, which leaves many unclear on how they could cut costs. A report by consumer group Which? finds that investing £250,000 through the most expensive drawdown option with Aegon would cost more t...

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