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, within limits set by the government - 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 »
To find out how your fund value could grow in income drawdown, request your free personal income drawdown illustration today. The illustration will show the possible effect of your chosen income withdrawals, assumed investment growth and charges on your pension fund value over time, all with no obligation to proceed.
What you do with your pension is an important decision. Therefore, we strongly recommend that you fully understand your options. We offer a range of information to help you and independent financial advice if you are still unsure. Alternatively, Pension Wise, the Government’s new pension guidance service, is due to launch shortly providing a free impartial service to help you understand your options at retirement. You will be able to access the service online, over the telephone and face to face. Further details are now available at www.gov.uk/pensionwise.
Why income drawdown in the Vantage SIPP?
*Hargreaves Lansdown is the largest non-advised income drawdown provider by number of clients (47 drawdown providers surveyed). Money Management survey September 2014.