We look at what pension drawdown is, how it works and whether it can help you to look forward to the kind of retirement income you want.
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All posts tagged: pension drawdown
How does pension drawdown work
Pension freedoms came in April 2015 and a complete shake-up of the UK’s pensions system, giving more choice over your pension savings than before.
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Will you run out of money from your pension drawdown?
You can’t afford to run out of money when you retire. One of the benefits of buying an annuity with your pension pot is that it provides a fixed pension income for life. However, these days with annuity rates low and likely to remain so, many people prefer the higher returns possible with a pension drawdown.
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