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5 tips & traps of drawdown

5 TIPS & TRAPS OF DRAWDOWN

Drawdown mistakes can be very costly. We strongly recommend you discover all the potential pitfalls as well as our easy-to-follow tips to make the most of the pension you’ve worked hard to build up. The factsheet you will receive is not personal advice but reveals:

  • How to ensure your wishes are considered in the event of your death
  • The hidden risks of holding cash in drawdown
  • Mistakes we see time and again which can cost thousands of pounds for unsuspecting investors

Download factsheet

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    The factsheet you will receive is not personal advice. Drawdown is a higher risk option than an annuity, if you are at all uncertain about its suitability for your circumstances please seek advice. Remember the value of your investments can go down as well as up so you could get back less than you invest. Income in Drawdown is not secure.

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    The information on our website is not personal advice but we can offer advice if specifically requested. What you do with your pension is an important decision, which could be irreversible. Drawdown is a more complex option than an annuity. Make sure you understand your options and check they are suitable for your circumstances: take appropriate advice or guidance if you are unsure. The Government's free Pension Wise service can help. It provides impartial guidance face-to-face, online or by phone - more on Pension Wise.

    A must-read for anyone considering drawdown

    Drawdown is a higher risk option for investors at retirement and mistakes can be very costly, as you no longer have earnings to rectify them. We strongly recommend you discover all the potential pitfalls as well as our easy-to-follow tips to make the most of the pension you’ve worked hard to build up.

    Our factsheet includes:

    • How to ensure your wishes are considered in the event of your death
    • The hidden risks of holding cash in drawdown
    • Mistakes we see time and again which can cost thousands of pounds for unsuspecting investors

    Plus, we reveal our favourite free tools to make the most of your pension at retirement.

    The factsheet you will receive is not personal advice. Drawdown is a higher risk option than an annuity, if you are at all uncertain about its suitability for your circumstances please seek advice. Remember the value of your investments can go down as well as up so you could get back less than you invest. Income in Drawdown is not secure.

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