Gaudi launches white label drawdown product

The self-invested personal pension (SIPP) provider, which manages 24,000 plans, said its new drawdown package could be marketed by any financial brand. It is available either as part of Gaudi's white-labelled SIPP or as a "plug in" to other pension providers, whether they market their products business to consumer, intermediated or in the workplace. Gaudi said the product had all pension drawdown options including taking all the tax-free cash and no income and allowing ad hoc or regular withdrawals from tax-free or taxable funds. Planning tools are available through smart devices b...