Mike Morrison: Income drawdown is finally coming of age

Income drawdown is finally coming of age

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Mike Morrison is a big fan of income drawdown but warns uninitiated pensions freedom savers need to bear a few things in mind…

The pension freedoms continue to dominate the news from various viewpoints, at least until the Budget. (This article is written just before the Budget but will no doubt be printed afterwards. I get the feeling that, once again, fundamental change is in the air!) Once the dust has settled, it will be on to new issues and I do think one of these will be investment strategies for income drawdown. Indeed, last week I was asked to speak at a conference run by the Wealth Management Association on the new rules and the possible changes to investment strategies. Now, I am not an investm...

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