Why consider income drawdown?
A flexible alternative if you don't need a secure income
Income drawdown is the main alternative to a secure annuity income. It allows you to draw a variable income directly from your pension pot - you choose where to invest and your income will rise and fall depending on your investment performance. Find out more about how income drawdown works »
You have the option of going into income drawdown now, and from next April take advantage of new flexible access drawdown rules (also known as flexi access drawdown) allowing you to take whatever income you wish from your pension.
To find out how much income you could take, request your free personal income drawdown illustration which will show you how withdrawals and charges will affect your income and how investment performance can change your fund value over time, all with no obligation to proceed.
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