Drawdown - a retirement masterpiece?

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Greg Kingston looks at how income drawdown can fit into many peoples' retirement planning

Pension legislation has never changed faster than in recent times, and it is due to one thing that it cannot change – the inescapable fact that we’re all living longer. With increased longevity comes a number of other inevitable conclusions: we need to work longer, we need more and so need to save more. And to transition into the retirement that we want we need advice and support. Politicians may change the amount of tax relief available; they may tweak the limits in any given year or over a lifetime but the stubborn ability of each generation to live longer and longer seems unstoppab...

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