Follow these tips to help clients draw down their retirement funds in a tax-efficient manner and avoid common mistakes.

Pension drawdown is a way of taking money out of your pension to fund your retirement. It allows you to keep your savings invested and take money out whenever you choose. Many people remain with their ...

Pension savers taking out income-drawdown plans as they move into retirement are to be offered ready-made investment arrangements, under new proposals from the Financial Conduct Authority (FCA). The ...

Thirty-two per cent of people in drawdown do not have any investment experience, yet two in five of them have not received advice or guidance, according to a recent report that urges the introduction ...

When it comes to retirement planning, a common question these days is “in light of all that’s going on, how should I take my retirement drawdowns?” By “going on,” consumers are mainly referencing the ...

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 ...

Three women met in a Zoom book club and found that they had a lot in common. They were all single seniors who are planning on retiring at age 65. All three planned to claim Social Security at age 65, ...

P1 Platform has announced a 50% reduction in its pension drawdown fee, cutting the monthly charge from £10 plus VAT to £5 plus VAT. At the same time, the platform’s minimum account fee will drop from ...