Income Drawdown

 

Need to take income but don’t want to be tied to an annuity?

 
Consider the following - Flexi-Access Drawdown

 

Key Facts

  • When you reach age 55 you can start drawing your pension 
  • Take tax free cash only or tax free cash and income
  • You can choose the level of income you want
  • Vary the income you receive when you like
  • 25% tax-free cash  available
  • You don't have to draw any income if you don't want to 
  • Take further withdrawals of cash as and when you like (subject to income tax)
  • Death Benefits - keep it in the family or pass it to whoever you like
  • Some contracts can provide guarantees

There are a number of risks that need to be taken into account before considering this retirement option and these will be discussed by a qualified independent adviser.

Please enquire now for advice.