Smoothing the dash to drawdown: Defending against sequencing risk and volatility drag

It's been called the ‘dash-to-drawdown'. In anticipation of the government's upcoming plans to make unused pension benefits subject to IHT, more clients are looking to ‘run down' pension pots, at a faster rate. The aim is to avoid what has long been an estate planning asset becoming a future liability. This is another moment where advisers will show their value – helping clients adapt their strategies and plans, if necessary, while still maintaining good outcomes. And, as part of this, it will arguably be even more important to defend against some familiar drawdown risks: sequencin...