Income Drawdown

Dealing with small pots, access to advice and developing appropriate retirement strategies were all discussed at a retirement income panel hosted by Prudential.

Mike Morrison takes a look at the retirement landscape and asks how has it really changed over recent years?

The Treasury has confirmed rumours that it will launch a consultation on income drawdown limits are untrue.

Pressure on government to reform maximum drawdown rates should be resisted as the move would see more pensioners deplete funds before they die, Partnership has warned.

Aegon has announced its post-Retail Distribution Review (RDR) charging structure and the closure of several of its products alongside an overhaul of its pensions range.

FIVE THINGS

Labour has asked the government to amend current drawdown rules to ease financial pressure on people who have seen their income drop by up to 40%.

Stewart Dick explores the unwritten rules surrounding income drawdown and warns that these shouldn't cloud an investor's decision.

Old Mutual is to launch a range of at-retirement products, in a bid to rival upscale wealth managers like St James's Place.

An e-petition calling for drawdown rates to be revised to help pensioners who have seen their income drop has been posted on the government's website.