Providers are lowering their limits; non-advised services are being launched to meet inevitable demand. Warnings abound of people running out of money, as the industry struggles to recalibrate past assumptions that put drawdown out of reach of all but those with a six-figure sum saved.

But depending on the circumstances, drawdown - along with other flexible options - could be useful for particular savers even with supposedly modest pots. For many it will form part of the new breed of blended solutions that incorporate a degree of guarantee.

This special report will focus on the changes to drawdown coming in just three weeks and covers everything from how you can used grandfathered capped drawdown to retain annual allowance, to where the dividing line might be drawn to make use of the flexi-access alternative.

This special report is sponsored by Royal London. All editorial is independent.