Pension Freedoms
Planning
5 mins
Pension Freedoms allow you choice about how you use your pension savings.
Pension freedoms
What is an annuity?
Planning
5 mins
An annuity is a guaranteed income that's normally paid for the rest of your life.
Annuities
What is drawdown?
Planning
5 mins
Drawdown is a flexible way to take income from your pension savings, while your pension savings remain invested.
Drawdown
What is cash?
Planning
5 mins
It's possible to take up to 25% tax free, with the rest being taxed as income.
Taking cash
Mixing my options
Planning
5 mins
You can mix using an annuity and drawdown to provide a combination of certainty and flexibility.
Mixing options