Displaying items by tag: drawdown

Wednesday, 26 June 2019 12:05

Half of drawdown retirees unaware they can vary income

Hundreds of thousands of DIY drawdown investors are unaware they can scale back or stop their withdrawals, putting them in danger of draining their retirement savings too rapidly, according to new research for Zurich.

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Monday, 11 March 2019 10:35

Drawdown cash withdrawals ‘set to surge’

As the end of the tax year approaches Hargreaves Lansdown has predicted a surge in drawdown cash withdrawals.

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Tuesday, 05 March 2019 12:46

3 in 5 pensions 'expressions of wish' may be out of date

Three in five 16-54 year olds (61%) have admitted that their nominated beneficiary or expression of wish form connected to their pension is out of date or they do not know the true position, according to new research.

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Monday, 21 January 2019 10:35

Drawdown investors market plunge fears and strategy revealed

Major stock market moves on one day could prompt nearly 60% of income drawdown investors to revamp their portfolios, with 21% moving their money into cash, according to a new study.

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Thursday, 07 June 2018 15:42

Most pension savers prefer ‘annuities’ to alternatives 

New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.

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Monday, 14 May 2018 14:36

Elaine Turtle: Why post age 75 Sipp planning is more complex

The end of the tax year is traditionally a really busy time for adviser and SIPP providers.

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Tuesday, 08 May 2018 12:52

Some drawdown retirees taking out over 10% a year

New analysis of 17,000 drawdown customers by a provider has revealed wide variations in the amount taken from pension pots but few signs of pensioners taking out all their cash in one go to buy a Lamborghini.

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Wednesday, 02 May 2018 09:26

Thousands of drawdown users shun financial advice

Some 32% of pension savers using drawdown to fund retirement have no investment experience and two in five (41%) of these drawdown beginners have received no financial advice or guidance, according to new research.

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Wednesday, 28 March 2018 14:13

FCA warns over pensions drawdown risk

The FCA has warned that some consumers who choose to take pensions drawdown without advice are failing to engage with the process and are risking financial “harm.”

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Tuesday, 24 October 2017 08:45