Managing opportunities

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Billy Mackay discusses what income drawdown can offer people coming up to retirement

How are retirees looking to utilise income drawdown as part of their retirement planning strategy? How has it evolved as a result of the current economic turbulence? The income drawdown market has evolved in many ways over the last 14 years. The benefits that attracted people to it remain true - control of the underlying pension fund income, timing of annuity purchase and death benefits. We understand how this particular vehicle behaves in all kinds of market conditions. It has been the subject of regular regulatory scrutiny and guidance so we have a clear picture of the risks that need t...

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