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Income Drawdowns can allow you to withdraw a tax free lump sum from your personal pension fund. It may be possible to withdraw 25% tax free from your fund without any penalty. You cannot arrange an income drawdown more than once, so it's very important to make the right choice.
If you speak with an IFA, all of your pension income options will be explained clearly. They will help you to make the right decision, and help to plan a secure retirement. They can help you to choose the right provider and withdraw the correct amount.
IFA's are not tied to any bank or pension provider. This means they can offer the best deals from the whole of the market. If you contact us today, you'll receive:
A Free Consultation with an Independent Financial Adviser
Arranged immediately with No Obligations
A Full Explanation on how Pension Drawdowns Work
Details on the Best Income Drawdown Providers
Advice on the Retirement Income Planning
Pension Drawdowns can provide great benefits, but they may not be suitable for everyone. It is very important to assess your circumstances before you enter any agreement. An IFA can do this for you, and explain each of the options very clearly. The benefits of an income drawdown include the following:
Money for early retirement
Funds to be used for investment
A source of Tax Free Income
Flexibility and access to funds
If you meet certain criteria, an Income Drawdown can be a great way to release money from your fund. This can help you to plan and enjoy your retirement with great piece of mind. A drawdown arrangement can be complicated though, so an agreement should never be entered without professional advice.
Disclaimer: Whilst we only refer to highly recommended advisers, our website cannot accept any responsibility for the actual advice given. The contract is between the client and the selected financial adviser, and we can not be held responsible for the actions of either party.
An IFA can advise on a wide range of Pension related services. Some of these are listed below:
Please call 0800 1455 840 for more information.
Please note this website does not offer pension advice. We arrange consultations with professional advisers.
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