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 ...
Pension drawdown is a way of taking money out of your pension to fund your retirement. It allows you to keep your savings invested and take money out whenever you choose. Many people remain with their ...
If you're heading towards retirement, you may be thinking about how best to access your pension pot. Regardless of the type of pension you are savings into, pension drawdown offers one option for ...
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 ...
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 ...
‘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 ...
This article is the third in a series of articles, written in conjunction with the Financial Times' Next Act hub. It takes a look at some of the financial issues affecting those in their 50s and is ...
Are pension savers heading for disaster by taking too much cash out of income drawdown plans early in retirement? Research from personal finance analyst Moneyfacts suggests that 70% of savers opting ...
Not enough U.K. defined contribution plans offer drawdown options for plan participants, but that might change because of the endorsement by Parliament's Work and Pensions Committee of a Financial ...
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