Key things to remember:
You can drawdown your pension from as young as 55
You get to take up to 25% of your pension pot tax-free
Your pension will stay invested until you need it
No matter when you retire, your retirement could last for many years, so you may want to keep your retirement income options open. One way to do this is to keep your pension invested and take income as and when you need it.
Drawdown allows you do this, keeping your pension invested and taking a flexible income.
A drawdown pension offers you more flexibility than ever before. Unlike an annuity, a drawdown pension does not use predictions to determine your income which means it could also allow your pension fund to go much further.
To see how drawdown could benefit you - and whether it allows you to retire earlier than you thought - complete our simple form.
We will put you in touch with an FCA-regulated financial adviser. You need to speak with one before you can access your pension via drawdown. Your financial adviser will then breakdown all of your options - including the best possible age for you to retire.
In addition, you will also receive a free all-you-need-to-know guide to pension drawdown.
"Income Drawdown proved to be a more flexible pension option that gave me better access to my pension fund."Maureen Knowles