Advisers say the abolition of the requirement to annuitise by age 75 is the best pension reform passed this year.
Aviva will offer a phased drawdown plan on its wrap and SIPP platform which it said will help minimize death taxes.
In this month's Inquiry, Helen Morrissey assesses the results of our survey on the at-retirement market and asks how the advent of flexible drawdown will affect the market
Mary Stewart looks at how scheme pension should also be considered as a retirement income option alongside capped and flexible drawdown
The government is likely to review draft income drawdown rules forbidding the use of RPI-linked annuities for the minimum income requirement (MIR), specialist providers have said.
Retirement advice firm Intelligent Pensions (IP) is planning an intense campaign of buying up income drawdown business from IFAs exiting the industry.
The removal of the requirement to annuitise by age 75 could encourage people to remain in drawdown even when it becomes damaging, MGM Advantage and Intelligent Pensions (IP) warned.
IFAs must not allow clients in drawdown to fall foul of new tax rules surrounding death benefits, said Andrew Tully, retirement income technical manager at MGM Advantage.
Ken Wrench discusses how demand for QROPS will evolve following the introduction of capped and flexible drawdown.
Andrew Roberts discusses the impact of recent changes to income drawdown