Dear Editor, Volatile stock markets act as a sharp reminder that keeping pension money invested through income drawdown is not a one-way bet. Given recent events, many retirees either considering or already in drawdown are likely to be seeking safer havens until the dust settles. Retirees tend to be financially conservative and cautious with pension cash even if they are happy to play the markets with other savings. The difficulty they face is finding a pension income product capable of protecting their funds against financial market turmoil but which still gives the potential to move b...
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