Drawdown resources
Important information - What you do with your pension is an important decision that you might not be able to change. You should check that you're making the right decision for your circumstances and that you understand all your options and their risks. The government's free and impartial Pension Wise service can help you, and we can offer you advice if you’d like it. The information on our website isn’t personal advice.
Is drawdown right for you?
Drawdown calculator
See what withdrawals may be sustainable, how investment growth and charges could affect your fund value, and what might be left to pass on to loved ones.
Emergency Tax calculator
Calculate how much tax might be deducted when you first take a payment from drawdown.
Annuity Quote Tool
Make sure you know what your other income options might pay. Get guaranteed quotes from the whole market to see how much annuity income you could receive.
Is your pension on track?
Calculate how much income tax you might pay if you take a lump sum from your pension.
How long might you live? Use this when working out how much you may need in your pension pot.
Find out the growth rate needed to protect your savings from inflation.
Guides to help you plan
Managing your account
View key dates for managing your drawdown income.
Make it easier to manage your family’s portfolios. View them in one place, using a single set of login details.
Investment research
Learn about different strategies for investing a drawdown plan, plus fund ideas for income.
Stay up to date with the latest fund research provided by our team of experts.
Learn more about shares, including recent news articles and opinion.
Get started
Apply for Drawdown with HL, or find out why and how to transfer
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How Drawdown WorksExplore other retirement income optionsDrawdown FAQs