CHAPTER 18

MANAGING YOUR PENSION PORTFOLIO

‘Pensioners will have complete freedom to draw down as much or as little of their pension pot as they want, anytime they want. No caps. No drawdown limits … No one will have to buy an annuity.’

George Osborne1

For many people the value of their pension represents a significant element of their wealth and one that needs to be factored into a comprehensive wealth plan. In Chapter 12 we looked at the issues relating to taking regular withdrawals from an investment portfolio and the potential problems associated with funding a constant expenditure with volatile investment assets. Similar considerations apply to managing the investment strategy of your pension plan(s) and deciding how and when to take ...

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