Drawdown Pensions

When you retire, you have three ways of accessing those funds. A drawdown pension is a term used for one of those ways.

Flexibility and control

If you're approaching retirement and seeking flexibility and control over your pension income, drawdown pensions can be an excellent option for you.  

What are Drawdown Pensions?

Drawdown pensions are a type of pension arrangement that allows you to take an income from your pension fund while leaving the remaining funds invested. With drawdown pensions, you have the flexibility to determine how much income to withdraw and when, providing you with greater control over your retirement finances. This is a great option for those who don't want to have a set income and fully retire when they hit a certain age.

By keeping your pension funds invested, you have the potential to benefit from investment growth. This gives your pension pot the opportunity to continue growing, potentially enhancing your retirement income over time.

Professional Pension Advice  

At Advice Plain & Simple, we understand the importance of a secure and flexible retirement income. Our pension advisors help you determine the most suitable income withdrawal strategy, considering factors such as your lifestyle, income requirements, and investment preferences.  

We believe in building long-term relationships with our clients, so our advisors provide ongoing support throughout your retirement journey. They will conduct regular reviews to reassess your financial situation, adjust your withdrawal strategy if necessary, and address any concerns or changes in your circumstances.

Unlock the power of your retirement with drawdown pensions - your flexible path to financial freedom in your golden years.

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Advice Plain and Simple is a trading name of William Chalice Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited, which is authorised and regulated by the Financial Conduct Authority. William Chalice registered Office: Unit 1, Hawford Business Centre, Lionel Way, Worcester, WR3 7SG. The information on this website is subject to the regulatory regime and is therefore targeted at consumers in the UK. No representations are made as to whether the information is applicable or available in any other country which may have access to it.

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