Autumn Statement 2013: No change to income drawdown rates

Helen Morrissey
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The government will not change the basis on which Government Actuary's Department (GAD) tables are formulated for income drawdown according to the Autumn Statement.

This comes after the government commissioned the GAD earlier this year to review tables to see if income drawdown rates are "a reasonable match to annuity rates." The Autumn Statement document s...

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