Pension Freedoms
Helping clients deal with the complexities of decumulation
Retirement conversation has shifted emphatically from how to accumulate money to ensuring wealth
Should decumulation keep IFAs and clients up at night?
Pension freedom flexibilities ‘present risks which need to be navigated’
Qrops transfers up but pot sizes down
While pension freedom withdrawals pass £28bn mark
IFAs bemoan ‘insufficient’ focus on decumulation
Some 86% expect growth in the number of clients needing advice on this over the next five years
Many UK retirees lose out on tax and investment incentives
Because they are accessing the pension freedoms without advice