Income drawdown is most popular option for over-50s

Stephanie Baxter
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Almost half of older savers intend to use drawdown products for their retirement income, according to research.

The poll of 1,200UK adults by PwC found approximately 45% of people aged 50-75 planned to draw down their pension pots. Just 1% said they would use the entirety of their pot to "treat themselves...

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