Demand for drawdown via Sipps and SSAS will grow as a result of the Budget, a specialist firm has predicted.
Julia Bassett, head of Sipp at Barnett Waddingham, believes drawdown will become a more potent tool following the pension reforms announced by the Chancellor George Osborne.
Barnett Waddingham will hold a series of seminars, starting in the next fortnight, aimed at Financial Planners which will look at drawdown and the changes to pensions.
The technical events, which are free and CPD-accredited, will provide an update for advisers on the current Sipp, SSAS and investment issues affecting their clients.
Ms Bassett said: "The Budget means that drawdown will now become a far more powerful tool. We anticipate that demand for it via Sipps and SSASs will grow considerably.
"The implications in terms of the need for and value of advice are huge.
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"Our most experienced Sipp and SSAS experts will take seminar attendees through the changes and the implications for their clients. The seminars will also look at other topical issues such as individual protection."
"These seminars will provide a valuable opportunity for advisers to discuss a variety of issues with pension and investment experts, network with their peers and share industry views."
The seminars will be co-hosted with selected discretionary fund managers including Brewin Dolphin, Charles Stanley and Rowan Dartington,
Seminars will be held at:
Edinburgh - Tuesday 13 May 2014 - Stocktrade, Sixth Floor, Atria One, 144 Morrison Street, Edinburgh, EH3 8BR
Exeter - Tuesday 13 May 2014 - Exeter Racecourse, Kennford, Exeter, Devon, EX6 7XS
Bristol - Wednesday 14 May 2014 - Rowan Dartington, Colston Tower, Colston Street, Bristol, Avon, BS1 4RD
Ipswich - Thursday 15 May 2014 - Wherstead Park, The Street, Wherstead, Ipswich, Suffolk, IP9 2BJ
Birmingham - Wednesday 21 May 2014 - Brewin Dolphin, 9 Colmore Row, Birmingham, B3 2BJ. This seminar will also include a session on auto-enrolment. (Due to high demand the capacity of the venue has been increased)
Manchester - Thursday 22 May 2014 - Brewin Dolphin, 1, The Avenue, Spinningfields Square, Manchester, M3 3AP
'Drawdown via Sipps and SSAS will increase due to Budget reforms'
