Sales of equity release drawdown plans were said to be “rising strongly”, new data from over-55s adviser Key has revealed. 

Nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, The FCA’s Retirement Income Data reveals today.

Seven Investment Management has added a tailored drawdown option for its SIPP which it says will allow advisers “more flexibility” when managing the quantity and frequency of a client’s drawdown payments.

Analysis of stock market returns by Aegon, since the introduction of the pension freedoms, has revealed the importance for drawdown investors of comfort with stock market volatility.