Income drawdown, also known as flexi-access drawdown, allows you to flexibly manage your retirement income to meet your individual circumstances. Using this option, from age 55 onwards you are able to take up to 25 per cent of your pension pot tax-free and use the rest to generate income.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis