Pension drawdown is a flexible way to take income from a pension pot on retirement. This is an alternative to using the money to buy an annuity (which, in return for a lump sum payment, guarantees to ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. If you're heading towards retirement, you may be thinking about how best to access your pension ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...

Annuities and drawdown are the two main ways of using your pension pot to fund your retirement. But how are they different? What option is best for you? And what risks do you need to be aware of? Our ...

The much-hyped dash for cash to empty pension pots simply hasn’t occurred - two months into the new pensions freedoms there’s no sign people are looking to blow savings on a Lamborghini. In fact the ...

‘Pensions freedom’ as announced in the Budget provides defined contribution members with full flexibility and choice over their retirement income from next April. All schemes must offer flexibility to ...

The extent of the impact pension freedoms are having on the retirement income market are becoming evident. It is clear that pensions in drawdown are now the first choice product for new retirees: ...

Savers approaching retirement usually either buy an annuity that pays a guaranteed income for life (but with no prospect of further investment growth) or draw income directly from their pension funds, ...