IntelliPen’s Income Drawdown Functionality More Important Than Ever
IntelliPen has supported Income Drawdown for some time now, but following the Chancellor’s announcement in today’s Budget that anyone over the age of 55 will be able to drawdown whatever they like from their pension pots, this functionality looks likely to be in more demand than ever.
From April 2015 anyone over the minimum retirement age will be able to drawdown as much or as little from their pension savings as they like and only pay income tax at their marginal rate. IntelliPen supports both flexible and capped drawdown, and is already capable of fully supporting the new legislation.
For more information on our income drawdown solutions, please contact Ian Dowler on 01225 444818. We will be very happy to demonstrate our drawdown solution to you.