Posted on 24/06/2011 by Global Administrator | with 0 comments
Whilst we still await the full details of the Minimum Income Requirement to enable confident use of Flexible Drawdown, the effects of Capped Drawdown are being seen on individual's whose formal reviews are now falling due.
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Posted on 06/06/2011 by Global Administrator | with 0 comments
Speculation around the income that can be used to satisfy the Minimum Income Requirement (MIR) and thus enable use of Flexible Drawdown continues and we believe it is wrong to allow clients to effect such arrangements until we are sure there are no 'suprises'.
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