Income Drawdown

In the wake of the FCA review the ABI has put forward its recommendations for how the retirement income market needs to evolve. Helen Morrissey takes a look.

Have you missed this week's pensions news? Here's Retirement Planner's round-up of the top five stories this week.

Aviva has overhauled its income drawdown offering and launched a flexible product to give retirees more choice when taking retirement income.

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

Stephen Lowe outlines the thinking behind the recently launched Pick-A directory and looks at how it can facilitate shopping around for a retirement income.

Steve Webb's recent comments on annuities have provoked fierce debate. Helen Morrissey asks if this can provoke a wider conversation on the future of the retirement income market.

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.