“What is Unsecured Income USI (Drawdown)? Is it risky and can I keep control of my investments?

 

Simply put, Unsecured Income USI (previously known as Drawdown) enables you to decide on the income that you want to take at retirement (within Government limits) and keep personal control of your investment.

 

Most people with larger retirement funds do not relish the prospect of passing a large cheque to an annuity provider (committing annuicide), only to lose investment control in exchange for a fixed income for life.

 

What happens to the money if they were to die early? Their family would never see the money unless value protection was selected at outset!

 

Many of these people are more 'sophisticated investors' and therefore have other investment which they can call upon to provide income in retirement also. Therefore, flexibility is the order of the day.

 

They usually prefer to retain investment control and decide the level of income they require each year for themselves (within Government limits).

 

This approach is not without its risks (as your fund is exposed to market fluctuations), however, for the right individuals, it can be a highly beneficial part of a wider income and investment planning strategy.

 

Our step-by-step retirement income options process is designed to help you consider whether it is appropriate to include USI in your income strategy.

 

Part of this step-by-step process will provide you with an analysis of your individual investment risk profile. We can then provide you with a personalised sophisticated asset allocated investment portfolio. You will receive a quarterly investment bulletin, to keep you in touch with how your fund is performing and an annual review of your USI  plan.

 

 Call Us to find out more about how our step-by-step process may be able to help you.

 

Our e-Book provides many innovative and creative investment strategies for our clients who think that USI may be suitable for them, including how to get someone else’s business to pay your pension income, or even get the government to pay your pension income.

 

Call Us to find out more about our e-Book and how you can use our creative investment strategies to enhance your income USI arrangement

 

You can always ask us to provide you with advice of how you may best provide your retirement income and investment.