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Tag: Income drawdown

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…
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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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