Pension Income Drawdown
Pension fund withdrawal allows you to take a lump sum out of your pension (up to 25%) without having to purchase an annuity. It also allows you to start drawing an income from your pension fund whilst the fund remains invested. This income will be subject to your usual tax.
You will only be able to make use of this drawdown until you are 75 and it has to be reviewed every 5 years by your pension provider.
When you are 75 you will have to either purchase an annuity or enter into an Alternatively Secured Pension (ASP). ASP's are particularly complex and should only be discussed with and arranged by a specialist pension adviser. Our pension advisers have all the specialist pension qualifications as well as many years experience.
Not sure what to do for the best for your particular circumstances?
Why don't you phone us now - 0800 458 3525 OR
Get started with our Enquiry Form
Once completed we will contact you first to assess your requirements and then if you wish to proceed we will forward a short form for completion and return either on line or by post if preferred. Your personal and pension details will be treated and held on a totally confidential basis and will not be passed to any third party.
If you want to read more now, the Financial Services Authority 
website can provide extensive information for you to consider -
FSA Website
.