Scottish Widows Platform introduces drip-feed drawdown
We’ve launched new automated Drip-feed Drawdown (DFD) functionality on our Platform, which allows your clients to take a regular income from their pension in a tax efficient manner.
We understand that retirement is a journey for your clients, rather than a moment in time. The challenge is how to meet your clients’ needs in a way that is optimal for them and cost effective for your business.
Key benefits of our drip-feed drawdown:
- Helps your clients to be more tax efficient by optimising regular tax-free cash and taxable income.
- Automated regular payments which can be adjusted as required, providing full flexibility for your clients and saving you time.
- Retirement pots that remain invested longer may continue to grow, helping client pensions last longer.
Find out more by visiting our new drip-feed drawdown page - https://platform.scottishwidows.co.uk/products-and-services/personal-pension/drip-feed-drawdown/
overview available - https://platform.scottishwidows.co.uk/wp-content/uploads/dripfeed-drawdown-flyer.pdf