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Tag: annuity

Pensions; the who what why and where

Pensions explained by Marchwood IFA pensions & retirement planning expert Richard Smith

Posted in Pensions, Uncategorised
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Savers switching from annuities to income drawdown after pension changes

At retirement you have two choices: 1. Convert your pension into income by purchasing an annuity 2. Keep the pension invested and withdraw money when you need it; this is called income drawdown. Latest figures from the…
Posted in Pensions
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Are you ready for the pension changes in April 2015?

In his 2014 Budget, Chancellor George Osborne announced a set of radical pension reforms, some of which are already in effect. Others are due to come into force in April 2015, having been confirmed in…
Posted in Pensions
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Annuities versus Income Drawdown – which is the best pension option?

When you retire, your pension does not, in itself, provide an income to support you. In fact you have to make some key decisions about how to convert your pension ‘pot’ into an income stream;…
Posted in Pensions
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