
Moving your pension into drawdown
Get expert financial advice on moving your pension into drawdown
An expert can help you answer questions such as:
- Is drawdown the right option for me?
- How much income do I need and want?
- How will my income be affected if the market drops?
- Should I take all my tax free cash as a lump sum?
- How long will I need my money to last?
- Are my affairs tax efficient?
Deciding how you’ll generate income in retirement is one of the most important decisions you’ll make.
Drawdown is a popular option because it’s both flexible in life and in terms of passing it on to loved ones. But unlike something like an annuity, your income from drawdown isn’t guaranteed and may not be consistent.
If you’re considering drawdown, there can be a lot to think about.
If you’re considering drawdown, there can be a lot to think about.
An expert can help you answer questions such as:
- Is drawdown the right option for me?
- How much income do I need and want?
- How will my income be affected if the market drops?
- Should I take all my tax free cash as a lump sum?
- How long will I need my money to last?
- Are my affairs tax efficient?
Flexible drawdown advice from HL
Whether you are at the point of retiring or already have a drawdown pot and want to check your strategy in a world that is moving fast, we can help you plan retirement on your terms.
Most of us probably have an image in our mind of what retirement looks like.
Retirement planning advice can help you get a clear view on the present and a strong plan for the future. When it comes to moving your pension into drawdown, planning is essential to making sure it’s the right choice to enable you to live the retirement you want.
Retirement planning can include:
- Weighing up drawdown against other income options
- Accessing your tax free cash and what to do next
- Identifying how to cover any shortfalls in income
- Looking at your cash flow to make sure you’ve got enough to cover:
- Essential expenditure
- A cash reserve for emergencies
- The exciting things you have planned for your retirement
Retirement planning can include:
- Weighing up drawdown against other income options
- Accessing your tax free cash and what to do next
- Identifying how to cover any shortfalls in income
- Looking at your cash flow to make sure you’ve got enough to cover:
- Essential expenditure
- A cash reserve for emergencies and most importantly…
- The exciting things you have planned for your retirement
How to get drawdown advice from HL
At HL, we want to be completely sure you’ll get the most value out of your financial advice. We also want to make sure you feel confident about your retirement – whether you take advice or not.
Watch our video to find out how our advice service works.
Start your advice journey
Talking to us is the first step towards retiring on your terms. An initial call with our Advisory Helpdesk will help you understand:
- What help and support we offer to help you understand your options
- Why our expert financial advisers could be the answer if you need more help
- How financial advice works, including the benefits and costs
If you decide advice is right for you, we’ll put you in touch with an adviser for a free consultation within two working days.