“The irreversible, inflexible nature of annuities can be a drawback for some,” said Mr Cameron. “Once purchased, you’re ...
I want to understand more about the tax-free 25% as this forms a big part of my strategy, which is to take more of it in the ...
Pension drawdown, also known as flexi-access drawdown or flexible retirement income, allows retirees to access a portion of the money invested in their pension pots while leaving the remainder ...
Telegraph Money explains how to manage your pot through flexi-access drawdown without letting it run out Pension drawdown, also known as flexi-access drawdown or flexible retirement income ...
Making pension withdrawals without first seeking advice could affect your tax bill and entitlement to benefits ...
Or, should you commit to pension drawdown, where your capital still has the opportunity to grow and outstrip inflation? Or perhaps a mix of both would be the best option? In this guide ...
Pension drawdown, or income drawdown, is a way of taking money out of your pension. You have to be aged 55 or over (57 from 2028) and have a defined contribution pension to access your money in this ...