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Barnett Waddingham
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The importance of regular drawdown reviews

Published by James Jones-Tinsley on

In contrast to the purchase of a lifetime annuity, placing your accrued pension fund into drawdown is not a ‘once and done’ exercise.

Whilst the former provides the annuitant with a known source of income for the rest of their life, a drawdown arrangement is a flexible financial planning vehicle that can adapt to changes in retirement income needs at different stages of later life.

“The need to maintain its ‘fitness for purpose’ – potentially over several decades – is therefore vital, and best achieved via regular reviews.”

We look at the key aspects to be considered at each review, and the reasons why.

To continue reading, please download the briefing note below.

The importance of regular drawdown reviews
1.1 MB | PDF

About the author

  • James Jones-Tinsley

    James assists colleagues in both the SSAS and SIPP Practice Areas on a wide range of technical matters relating to the operation and governance of Barnett Waddingham’s self-invested pension arrangements.

    View Biography

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