Drawdown dangers

Takhar, Helen Monks
May 2009
Money Marketing;5/21/2009, p54
The article reports on the need of advisers to ensure that income drawdown are suitable for client's needs in Great Britain. It is said that income drawdown is complex and an advice dependent product that gives high commission levels and signifies clients to accept a level of risk into older age. It is suggested that financial advisers must offer advice that is carefully followed and recorded to avoid misselling.


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