Generate a higher income in capped drawdown by taking advantage of stock market volatility.
By Glenn Martin, 04 January 2012
Sipps offer great investment flexibility – but how well are these pensions vehicles protected from a provider default?
What David Stevenson will put in his Sipp next year - if the price is right!
A real live pension portfolio with a diverse range of holdings.
Generate a higher income in capped drawdown by taking advantage of stock market volatility.
Failing to apply for fixed protection could cost you thousands of pounds in tax-free pension money.
Companies are reducing final-salary pension benefits by using an inferior inflation measure
Annuity rates are paltry, while those in capped drawdown arrangements have suffered substantial falls in income. But flexible annuities offer a way to secure a decent income in retirement.
Pension providers will have to ensure that their customers know they can buy an annuity from a different company