The Pension Drawdown Guide
This guide helps you tackle the most common questions about drawing down your pension.
Drawdown is a simple way to take cash from your pension as and when you need it. You can withdraw money using this method from the age of 55 and have the flexibility to decide how much you take and when you take it. Whatever the size of your pension, the first 25% is available tax free.
This guide is designed to tell you everything you need to know about drawing down your pension and can help you decide if it’s the right option for your needs. It’ll answer some of the most common questions about drawdown so you can compare it to other options such as buying an annuity.