Advisers shun 4% drawdown rule as many turn to modelling

But she also warned modelling tools were not as reliable as many may think. 

Strug said: “They depend on bullet proof data and accurate predictions in the future. They are however useful visually for clients and to build in possible changes of circumstances.”

Modelling tools facilitate a more dynamic approach to managing retirement income and advisers told Aegon they have relied on these more than ever over the last year to illustrate portfolios and analyse scenarios after markets fell sharply at the end of Q1 2020. 


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