Transfers in drawdown

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The introduction of Pension Freedoms in 2015 had a significant impact on the defined contribution (DC) at-retirement market. The most obvious change was an increase in the number of customers choosing to access their DC pension benefits through an income drawdown plan, instead of buying an annuity.

In this webinar, Justin Corliss, Senior Pensions Development and Technical Manager, will consider whether drawdown plans remain suitable to achieve the client’s needs and objectives on an ongoing basis.

Justin also explores the Retirement Outcomes Review and PROD rules within MiFID II as these will have a considerable impact on the drawdown market. And, in some instances, prompt discussions around transferring drawdown plans. He’ll also consider helpful planning points for less common cases.

CPD learning outcomes - 60 minutes

timer iconAfter watching this webinar, you'll be able to:

  • Explain the rules impacting transfers in drawdown.
  • Identify factors which could require a transfer in drawdown.
  • Explain how regulatory changes could influence the transfer in drawdown market.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.