Retirement specialist Billy Burrows takes an in-depth look at fixed term income plans which, he says, should be an option in every adviser's toolbox
Before pension freedoms there was a healthy debate about annuities and drawdown and what lies in the middle. However, since 2014, when the George Osborne first announced the new freedoms, this debate has almost disappeared as drawdown becomes the new default and annuities have gone out of fashion. But three years after pension freedoms it is a good time to reignite the discussion about how best to convert pension pots into income because this is still one of the most complex decisions in retirement planning and where expert financial advice is needed. Where better to start than by...
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