Flexible Income
Last updated 29 April 2026
A half-hour box set that builds a client's understanding of drawdown before they take their pension benefits. It covers flexibility, risk, death, dependants and tax, and ends with a case study to anchor the learning.
What's covered
| Chapter | Description |
|---|---|
| Important update (1 min) | A short notice on inheritance tax changes. |
| Guide to flexible income (5 mins) | Using a pension pot to provide a flexible retirement income. |
| Maintaining your FAD income (3 mins) | What to consider when deciding the level of flexible access drawdown income to take. |
| Death benefits (4 mins) | What happens to the pension pot on death. |
| Shopping around for FAD (2 mins) | Finding the right product for the client's circumstances. |
| Tax (4 mins) | How a lump sum is taxed. |
| Scams (2 mins) | Protecting against pension and investment scams. |
| Debt (2 mins) | How taking the pension pot might affect a client in debt. |
| Means-tested state benefits (2 mins) | How taking the pension pot might affect means-tested benefits. |
| Case study — flexible income (6 mins) | An example of someone who might benefit from a flexible income. |
Total runtime: 31 minutes.
Who it's for
Clients approaching retirement who are considering drawdown as a way of taking some or all of their pension benefits.