Who is this box set for?
This box set is for anyone approaching retirement who is considering drawdown as a way of taking some or all of their pension benefits.
About this box set
Engage and educate your clients about drawdown to help build their knowledge before they take their pension benefits. This box set comprises 9 short chapters and covers important topics including flexibility, risk, death, dependents and tax. The box set showcases many of the areas an adviser can add value to a client considering drawdown to support their standard of living in retirement.
It takes around half an hour to view in total and concludes with a case study to cement the viewers learning and understanding.
Chapter breakdown:
1. Disclaimer - 1 min
Important notice on inheritance tax changes.
2. Guide to flexible income - 5 mins
A guide to using your pension pot to provide a flexible retirement income.
3. Maintaining your FAD income - 3 mins
What do I need to consider when deciding the level of my FAD income?
4. Death benefits - 4 mins
What happens to my pension pot when I die?
5. Shopping around for FAD - 2 mins
How do I get the best product for me and my circumstances?
6. Tax - 4 mins
How will my lump sum be taxed?
7. Scams - 2 mins
How can I protect myself from pension and investment scams?
8. Debt - 2 mins
How might taking my pension pot impact me if I'm in debt?
9. Means-tested state benefits - 2 mins
How might taking my pension pot impact any means-tested state benefits?
10. Case study – flexible income - 6 mins
An example of someone who might benefit from having a flexible income.
