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
Keep your pension invested and take a flexible income as and when you need it using drawdown. Your retirement could last for many years, and drawdown allows you to keep your retirement income options open. A drawdown pension offers you more flexibility than ever before, and could allow your pension fund to go much further.
There are so many factors that go into planning a retirement income, such as pension value, personal retirement plans, and attitude to investment risk. Professional advice from a financial adviser is essential to get you the best possible income. To be connected with an adviser, and see how drawdown could benefit you, complete our simple form.
By connecting you with an adviser, you’ll get a personally tailored pension drawdown plan to get you the best deal for retirement. In addition, you will also receive a free all-you-need-to-know guide to pension drawdown.
“Getting professional advice meant I got the best retirement income out of my pension savings."Maureen Knowles