Six tips on UK pension reforms for financial advisers
By , 2 Apr 15
A radical reform of the UK pension system gets underway this month allowing savers in defined contribution schemes much greater freedoms on how they can drawdown and utilise their money.
Help your clients understand and clarify the sort of retirement they want to enjoy.
Many people have trouble articulating their retirement objectives but will recognise them if they are presented clearly e.g. Do they want an income for life? Do they want their income to keep pace with inflation?