Investment advice regarding income drawdown is top query from clients reveals adviser poll

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Investment advice regarding income drawdown is top query from clients reveals adviser poll

Lifetime news

Posted on: 04/02/2016

Investment advice regarding income drawdown tops the list of queries clients have been asking over the last year relating to the pension changes, a poll of advisers has revealed.

Just under half (48%) of the 250 advisers polled by Censuswide – on behalf of Aegon – said that income drawdown was the top issue raised by clients.

Following  the top subject of income drawdown were:

  • 2: advice on whether to give up safeguarded benefits in order to gain access to pension freedoms (38%)
  • 3: whether to opt for a guaranteed income such as guaranteed drawdown or an annuity (35%)
  • 4: how and when to make additional pension contributions (26%).

Those were the top issues up until September 2015 the survey stated.

 

The Censuswide research also showed that for 61% of advisers polled, pension freedom changes were the top issue they had been dealing with over the past year, followed by investment planning (44%) and IHT planning (22%).

 

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