Key things to remember:
You can drawdown your pension if you are 55 or over
You can release 25% of your pension pot tax-free
Your pension will stay invested until you need it
Drawdown pension options give you the flexibility to manage your pension based on the retirement you want. Whether you are looking to take regular lump sums, ongoing pension investment or receive a guaranteed income, a drawdown product is likely to be your first port of call.
To find the best drawdown options for your circumstances from the ever-growing number of products available, complete our simple form. In addition, you will receive a free all-you-need-to-know guide to drawdown.
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.
"Income Drawdown proved to be a more flexible pension option that gave me better access to my pension fund."Maureen Knowles