To mark the fourth anniversary of pension freedom this month, Andrew Morris considers how investing at income drawdown is evolving today given Brexit and other growing uncertainties affecting the markets
As we have discussed in past columns, such as Drawing up a drawdown plan, there are number of sensible moves for those clients targeting income drawdown, including: moving from growth to income funds, since the latter offers higher yields that can be taken as income and with potential growth on top; investing in low risk in the beginning since it offers a potentially smoother ride with a lower chance of having the pot hit at an early stage; and, last but not least, considering allocating to some higher-risk assets to help add potential for better returns. The most common strategy for inc...
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