The uncertainty can explain why the majority of pension savers still opt for the relative security of the income provided by an annuity in preference to the variable growth and income potential of ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...
In last year’s income drawdown survey, Money Management wrote that drawdown’s popularity post-pension reforms meant greater scrutiny was on the way. Twelve months later, the situation is exactly the ...
The Pension Fund Regulatory and Development Authority has introduced a new Retirement Income Scheme and flexible drawdown options under the National Pension System, alongside easing annuity surrender ...