This blog post is provided by Lorna Blythe, Investment Strategy Manager at Royal London.
More people are using income drawdown than ever before so it's not surprising that for many advisers, retirement planning often accounts for the largest slice of business income.
One of the key conversations you'll have with your drawdown clients is how to sustain a reasonable level of income. This isn't straightforward and involves an appreciation of the risks and trade-offs.
The '4% withdrawal rate' is often cited as a good starting point but it's a broad ...