GAD

Funding the national insurance fund

‘Lethal cocktail’ of demographics and triple-lock

Claire Trott takes a closer look at the intricacies of Budget reforms

What the changes to drawdown mean for your clients

Changes to drawdown limits set out in yesterday's Budget give advisers just two weeks to reassess and take necessary action for clients needing fixed protection 2014, according to Dentons.

Income drawdown is growing in popularity. Vince Smith-Hughes looks at the process advisers should adopt when advising in this area.

January will see gilt yields rise to 3.25%, up from 3%, meaning the maximum drawdown limit will rise in the New Year.

Defaqto has warned that advisers relying on the 120% capped drawdown limit could be jeopardising their clients' safe retirement.

Today the Autumn Statement confirmed there would be no change to how the income from drawdown would be calculated.

The government will not change the basis on which GAD tables are formulated for income drawdown according to the Autumn Statement.