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income drawdown

Displaying items by tag: income drawdown

Research of the adviser market has shown a sharp rise in the number using income drawdown modelling tools, with over half (51%) using the tools compared to 38% last year.

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Wednesday, 17 March 2021 18:32

SIPP admin firm unveils income drawdown tool

Gaudi, the SIPP and platform fintech business, has launched a white-labelled pension income drawdown product that can be used by any financial brand.

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Retirees using the Pensions Freedoms are demanding more flexibility on income withdrawal and driving demand for financial advice.
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Increasing use of income drawdown following the Budget annuity changes could see 20% of pensioners exhausting their funds before they die, pension experts have warned.
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Portal Financial, an advisory firm which says it deals with 2000 income drawdown cases a year, has reported an 80% rise in demand for retirement advice post-Budget.
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Skandia is reminding pensioners in drawdown to use their full income allowance to maximise tax efficiency.
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