Pension drawdown, Woodford and financial scams - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention...
If you want your pension to outlive you - only take 3% a year Someone retiring today may need a pension 70% larger than they did 10 years ago, according to pensions consultancy LCP. The Telegraph quotes the figures, which also suggest retirees who draw 5% of their pot every year have a two-in-five chance of running out of their money by their late-80s, but the same pot in 2010 would only see someone have a 1-in-8 chance of running their pot dry. LCP's Dan Mikulskis says: "Despite everything, investment returns over the past five years have been excellent. Most British investors wo...
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