Income Drawdown: 120% more flexible, 100% easier

Barnett WaddinghamIn his second guest blog of the week, Andy Leggett of Barnett Waddingham looks at the imminent changes to Income Drawdown and highlights the risk of immediately increasing your income: Income Drawdown is a fantastic product for some. One of its central features - being able to vary the level of income you take from your SIPP (Self-Invested Personal Pension) - gives fantastic flexibility. We all like flexibility: it gives us more options and a sense of ...

High-Definition Illustration of Retirement

Guest Blog: Barnett Waddingham High-Definition Illustration of RetirementAndy Leggett, Head of Business Development at Barnett Waddingham, writes for Investment Sense: When you first start planning for retirement, ideally at the very first opportunity in your working life, it can seem a daunting task and the target can seem so far away that it’s difficult to visualise ever getting there. Bad golfers everywhere will know the feeling: it’s the same one you get standing on the tee of a particularly long and tricky par 5. It’s not an ...

SIPPs: Avoid the mistake 45% of SIPP owners are making

New research from Investec Wealth & Investment has highlighted that many SIPP (Self Invested Personal Pensions) investors are failing to use the full functionality available to them. Amongst other things the research showed: Only 37% of SIPP investors said they had enough time to devote to the running of their SIPP Only 45% of DIY investors understood the charging structure of their SIPP provider 15% of DIY SIPP investors said they were likely to appoint an adviser within the next year Initially appealing Need ...