Financial advice will be increasingly important as more people turn to income drawdown to fund their retirement as annuity contracts become "unpalatable", a platform has said.
Alliance Trust Savings (ATS) said a perfect storm for annuities - brought on by falling gilt yields pushing rates to record lows - would result in more retirees using income drawdown. It said the retirement...
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019
Marcus Brookes appointed CIO