Pension drawdown is a flexible way to take income from a pension pot on retirement. This is an alternative to using the money to buy an annuity (which, in return for a lump sum payment, guarantees to ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. If you're heading towards retirement, you may be thinking about how best to access your pension ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...
Fidelity personal finance specialist Marianna Hunt is back to help a reader who wants to retire early but is unsure on how to ...
Financial advisers will be familiar with the details of the pension freedom reforms that came into effect in April this year. One of the key changes is that people will now have full access to their ...
Savers approaching retirement usually either buy an annuity that pays a guaranteed income for life (but with no prospect of further investment growth) or draw income directly from their pension funds, ...