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For clients approaching or already in-retirement, managing an income gap before State Pension can be challenging, particularly in volatile markets.
Max, age 60, needs £11,500 a year until his State Pension begins.
His scenario shows how a seven-year, income-only Fixed Term Investment can deliver a predictable monthly income, allowing him to meet his income needs without drawing down on his wider portfolio.
Held within an on-platform personal pension, income is paid gross into the pension cash account, supporting tax-efficient withdrawals and flexibility if circumstances change.
A short supporting document is also available to help explain this approach in client conversations.
If you’re supporting clients who need reliable income for a defined period, Fixed Term Investment can help meet short and medium-term objectives without unnecessarily locking in funds.
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