When advising on income drawdown, there has been a shift away from a fixed rate method with more advisers now preferring modelling tools.

Retirement solutions and platform provider Embark has launched an Investment Pathways tool to help non-advised customers move their pensions into income drawdown.

Data, ratings and technology provider Defaqto has launched an income drawdown tool for its Financial Planning software Defaqto Engage.

Platform technology provider Seccl has launched a drawdown illustration tool to help Financial Planners support clients through their retirement income planning.