Why drawdown could be right for you
Drawdown lets you keep your pension invested and take a flexible income for your retirement.
Drawdown is available if you’re 55 or over
Release up to 25% of your pension pot tax-free
Keep your pension invested for potential growth
Rather than locking your savings into an annuity, drawdown lets you keep your options open. You never know what your retirement can hold or how long it will last. With drawdown, your pension remains invested until you need it.
Get more flexibility over your retirement income. An annuity makes predictions about your retirement, and determines an income based on a number of factors. Drawdown is flexible and doesn’t lock you into a long–term decision. This means your pension could go much further.
To secure the best retirement income for you, complete our simple form to get a pension drawdown comparison. We will also put you in touch with a financial adviser as you need to speak with one before you can access your pension through drawdown. Your financial adviser will then tailor a personal pension drawdown plan to get you the best deal.