But many people will want to ensure their pension fund still provides an income for life. As such, there is likely to be greater product innovation or at least a better presentation of current options following the Budget shake-up of retirement income options.

From April next year, retirees not already in annuities will be able to drawdown their pensions as flexibly as they wish, being taxed at their marginal rate of income tax.

This guide will explain what action your clients can take now, the pros and cons of the new retirement income options plus what products could be created to make the most of this brave new world.

You will also receive tips on how you need to change the way you do business to make sure you satisfy your clients and deliver the income they need to sustain them through their twilight years.

Supporting material was provided by: Mike Morrison, head of platform marketing for AJ Bell; Dominic Grinstead, managing director of MetLife UK; Richard Williams, director of The Annuity Bureau from JLT; Stephen Lowe, group external affairs and customer insight director at Just Retirement; John Perks, managing director of LV Retirement Solutions; and Andrew Tully, pensions technical director of MGM Advantage.