Tag: SIPP

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News

Drawdown rules contributing to pensions cut of nearly a third

Published on February 2nd, 2012

Financial services companies don't often campaign on behalf of the general public. So credit to low-cost investment platform A J Bell, which is currently taking up the fight on behalf of pensioners who've seen retirement incomes fall by up to a third as a result of new rules on income drawdown coupled with record low gilt yields. Read on for the latest information and data from A J Bell on this issue, which highlights the potential plight of those already in or reaching retirement…

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