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Article: Feature: Income drawdown: access all areas.
- Article from:
- Pensions Management
- Article date:
- March 1, 2008
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Copyright informationCOPYRIGHT 2008 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For some time, retirement has been compared with jumping off a cliff. Claims have been levelled at advisers that they are not interested in maintaining clients after they retire unless they have significant high net worth and so investors are neatly packaged up and jettisoned into the great unknown.
Of course, there are some advisers who view the retired as a lost cause, however, they are not legion and freedoms have come from tax simplification.
One of the most exciting elements of the financial services industry since the advent of A-day has been in postretirement products. They offer alternatives to intermediaries and their clients where before there was only a ...