Watch out for ‘ruin risk’ with drawdown
People using the pension freedoms known as Drawdown to draw income from a pot of investments may be taking more risk than they realise, says the Telegraph.
Watch out for ‘ruin risk’ with drawdown
People using the pension freedoms to draw income from a pot of investments may be taking more risk than they realise, says the Telegraph. Citing research by actuaries, it said that in almost a third of cases people’s money could run out years before they died.