Wesleyan research finds 90% of advisers report clients increasing pension drawdown, with 74% raising withdrawals by 5–15% and 18% by over 16%.
Advisers attribute the surge to the Labour government's IHT reform, effective April 2027, and warn of risks like sequencing risk and volatility drag.
Financial advisers are helping clients adjust asset allocations and consider smoothed funds to manage market volatility and support long-term retirement plans amid uncertain conditions.
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