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A New Era for Retirement Income Advice: Part 5 - Withdrawal Policies

What happens if things don’t go to plan? How do withdrawals change? What is the contingency plan? Do we need to look at other assets? Has this plan been agreed with the client at outset? In an ideal world, everything will go to plan, and maybe the client will be able to achieve more than they expected. But a withdrawal policy statement is deigned to demonstrate that they have understood that there are variables that may have an impact. They may need to agree to maintain or reduce withdrawals in certain circumstances. Or, of course, they may have an opportunity increase income if things have gone well, rather than continue on the path originally set out.

Learning Objectives:

By viewing this webinar, you will be able to:
1. Recognise how to evidence the key stages of the plan
2. Put in place agreed contingency arrangements depending on changing circumstances
3. Discuss the impact of an economic downturn and the relevance of financial resilience
4. Agree and document planned increases and decreases in income
5. Discuss what a withdrawal policy should contain
6. Recognise where the use of non-pensions assets might be appropriate
Recorded Oct 27 2020 30 mins
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Presented by
Martin Lines, Business Development Director, Just
Presentation preview: A New Era for Retirement Income Advice: Part 5 - Withdrawal Policies

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  • Title: A New Era for Retirement Income Advice: Part 5 - Withdrawal Policies
  • Live at: Oct 27 2020 2:00 pm
  • Presented by: Martin Lines, Business Development Director, Just
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