Claim chasers on the trail of drawdown

York, Nicola
May 2009
Money Marketing;5/21/2009, p1
The article forecasts a possible increase in income drawdown misselling complaints in Great Britain in 2009. According to Steve Hunt, managing director of Rockingham Retirement, a remarkable number of clients will likely address issues affecting their funds especially during the economic recession. It is highly recommended that Independent Financial Advisers (IFAs) should make sure they explained and clarified the risks of income drawdown to their client.


Related Articles

  • When an annuity may make sense.  // Hudson Valley Business Journal;3/29/2010, Vol. 21 Issue 13, p16 

    The article discusses the factor to consider in getting an annuity in pension payout. It notes the benefit of women more than men and taking the pension options which will continue to give monthly check no matter how the person live. It also notes the significance expertise, commitment and risk...

  • Back to School: Past, Present, and Future. Guyton, Jonathan // Journal of Financial Planning;Oct2010, Vol. 23 Issue 10, p38 

    The article discusses a research on safe withdrawal rates in the U.S. It highlights on the economic crisis in 2008 and 2009 that allowed financial planners to use methodologies to rebalance fixed income holdings to fund client distributions. It notes that clients who were given rebalancing,...

  • Pension transfers are risky for advisers and clients. YOUNG, PHIL // Money Marketing;11/19/2015, Issue 1510, p7 

    The author warns about the risk of defined benefit pension transfers for financial advisers and their clients as transfer work may impact a client's entire financial portfolio and is also subject to compliance pre-approval and sign-off by a pension transfer specialist.

  • Illinois SURS Looks for Investment Pro. Sorondo, Marc // Investment Management Weekly;7/31/2006, Vol. 19 Issue 30, p3 

    The article reports that the State Universities Retirement System of Illinois (SURS) is searching for an investment officer to assume the management of the plan's Manager Development Program (MDP). According to the SURS Web site the MDP was created in 2004 to work with minority and women-owned...

  • Invesco Fund Now Approved as QDIA. McGuinness, Kevin // Plan Advisor News;2013, p49 

    The article reports on the approval of the Invesco Equity and Income Fund as a qualified default investment alternative (QDIA) under the Employee Retirement Income Security Act (ERISA).

  • Unsafe at Any Speed? The Designed-In Risks of Target-Date Glide Paths. Bodie, Zvi; Fullmer, Richard K.; Treussard, Jonathan // Journal of Financial Planning;Mar2010, Vol. 23 Issue 3, p42 

    • The U.S. Department of Labor currently lists target-date funds (TDFs) as a qualified default investment alternative (QDIA) for defined contribution retirement plans, but this is under review due to recent poor performance. • TDFs are designed with some level of investment risk that...

  • Toolbox: Briefs.  // Money Management;12/2/2010, Vol. 24 Issue 45, p26 

    The article offers news briefs related to fund management in Australia including the launch of the Aviva Investors Direct Separately Managed Account (SMA) of Aviva Investors, the release of new bulk review features for the online financial planning software application from BT Financial Group,...

  • A Frontier That's More Efficient. Williams, James O. // Financial Planning;Oct99, Vol. 29 Issue 10, p87 

    Focuses on probability analysis for financial planners to convert the efficient frontier into a more usable form for developing portfolio strategies. Common questions asked by clients; Strategies for client withdrawal practice; Advantages of the constant payment strategy; Benefits of...

  • Daniel Ben-Ami: A warning to fund managers. Ben-Ami, Daniel // Fundweb;10/14/2014, p10 

    The author comments on fund management being seen as a potential source of future financial instability.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics