21st May 2013

Aegon: Drawdown on the up

Here we highlight some of the many advice opportunities following the increase in the maximum drawdown income limit announced in the Budget 2013, that you should be speaking to your clients about.

Increased GAD rate

The maximum drawdown income limit has been reinstated to 120% of the existing ‘basis amount’ calculated by reference to the Government Actuary Department (GAD) tables for drawdown years starting on or after 26 March 2013. With this change, comes a number of advice opportunities. 
 

Pensions

Registration

Free Registration and CPD

Read More

Related Articles_

M&G: Lighthouse Edition 2

Lighthouse Edition 2 is now available. Explore the latest market insights to support informed client conversations and portfolio decisions.

Read More

The Prudential Guaranteed Income Plan

With gilt yields at their highest levels since 2008, now could be the time to lock in attractive, guaranteed returns for your clients.

Read More

Fidelity Adviser Solutions: The simple 4-step guide to securing lifetime income

If you’re looking to understand how a guaranteed income solution works on Fidelity Adviser Solutions’ platform, this short video is a great place to start. It walks you through the essentials in four easy-to-follow sections: what guaranteed lifetime income is, the quote process, income options and blending solutions. 12-minute watch

Read More

You need to be logged in to comment on this article