Although the pros and cons of either approach can be debated, there’s no doubt that different approaches amid a period of significant change has led to some confusion among both advisers and their ...
Pension drawdown is a way of taking cash out of your pension pot and funding your lifestyle in retirement. But how does it work?
In April last year the Government made some fundamental changes to the retirement income market, including the removal of the need to buy a secure income with a pension fund by age 75. One of the ...
Are you ready to retire in 2026? If you're aged 55 or over, the specialists at Destination Retirement can help you work out when you could retire and how you can turn your savings into a retirement ...
Are pension savers heading for disaster by taking too much cash out of income drawdown plans early in retirement? Research from personal finance analyst Moneyfacts suggests that 70% of savers opting ...
If you’re like most pre-retirees, retirement planning starts by asking if you’ll have enough income during your retirement. If it appears you’ll generate adequate income, the focus shifts to tax and ...
The past two years have proved some of the most difficult in income drawdown’s relatively short history. The positive introduction of capped and flexible drawdown in April 2011 has been largely ...