Hi All
I have a question about how long it takes, on average, to set up an ARF / AMRF i.e. from the initial consultation with a financial adviser to being in a position to draw down an income from them.
If, for example, I intend to retire at the end of March of a particular year, how much notice would I need to give a financial adviser before the plan is set up and ready for for withdrawal of an income?
Also, how many withdrawals can be made in a single year, and is there an optimal time for withdrawal. Presumably the charges are higher if several withdrawals are made instead of a single withdrawal.
Many thanks in advance
LT
I have a question about how long it takes, on average, to set up an ARF / AMRF i.e. from the initial consultation with a financial adviser to being in a position to draw down an income from them.
If, for example, I intend to retire at the end of March of a particular year, how much notice would I need to give a financial adviser before the plan is set up and ready for for withdrawal of an income?
Also, how many withdrawals can be made in a single year, and is there an optimal time for withdrawal. Presumably the charges are higher if several withdrawals are made instead of a single withdrawal.
Many thanks in advance
LT