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More about drawdown

If you want to take your 25% tax-free cash or take a regular income without arranging an annuity you will need to invest in a type of drawdown plan. This can be be with your original pension provider or you can set up a new pension drawdown plan. Learn more about Drawdown

Pension drawdown may seem like a simple concept – you simply take the 25% tax-free cash sum or regular income payments directly from your pension pot.

But don’t be deceived - it is can very complex and risky. There are lots of things to consider if you want to run your drawdown plan properly.

There are three things every drawdown investor should understand:

Key Issues for Drawdown
  • The key issues and risks
  • The Golden Rules of Drawdown
  • How to choose the most suitable drawdown plan?

Drawdown key Issues

Before you make an important decision you should make sure you understand some basic retirement planning issues.

  • What are your objectives
  • How much investment risk are you willing or able to take?
  • What are worried about the most?

Drawdown Golden rules

  • Before you take any risk with your income make sure you have enough secured income
  • Understand the risks – really understand the risks
  • Make sure you have researched the alternatives

William Burrows

Offices in London, Northampton and Cardiff

Call: 07730 435 657

 

William Burrows / Retirement Intelligence Ltd
International House
24 Holborn Viaduct
London
EC1A 2BN
Better Retirement
400 Pavilion Drive
Northampton
NN4 7PA 

If you need help or advice - Contact us

As one of the most respected specialist retirement advisers, William Burrows and Better Retirement will be pleased to help you make the right decisions at any stage of your retirement journey.

Call or email now for a free and without commitment chat.

This website is run by William Burrows and publishes generic information on annuities, drawdown and other related retirement income matters. Any information you use is at your own risk and does not constitute financial advice.

If you require financial advice you will be advised by Better Retirement where William Burrows is authorised to give investment advice. Better Retirement Group Ltd is authorised and regulated by the Financial Conduct Authority, reference number 153420.