Flexible Income (Drawdown)

Flexi-access drawdown allows you to take income from your pension as and when you need it, while keeping your remaining funds invested. This offers flexibility and control, but requires careful planning to balance income needs, investment growth, and future sustainability.

🟩 How Drawdown Works

You decide how much income to take and when to take it, while the rest of your pension remains invested. This allows your pension pot to continue growing, but exposes you to market fluctuations.

🟩 Flexibility To Adjust Income Over Time

With drawdown, you can increase, reduce, or stop your income withdrawals as your circumstances change. This flexibility allows you to adapt your income to your needs each year.

Arrange Meeting

Make enquiry

Request Callback

🟩 Managing Investment Risk

Because your pension remains invested, your future income depends on how your investments perform. Careful fund selection and regular reviews are essential to manage risk and maintain sustainable withdrawals.

🟩 Tax Implications of Drawdown

Withdrawals from drawdown are usually taxable as income (beyond any tax-free lump sum you’ve taken). Good planning can help you manage your tax position efficiently.

🟩 Ensuring Long-Term Sustainability

Drawing too much too quickly may deplete your pension too soon. A carefully managed drawdown plan aims to balance your income needs today with financial security for the years ahead.

Arrange Meeting

Make enquiry

Request Callback

You don’t need to figure this out alone. I’ll take the time to explain everything in simple, clear language, review your options with you, and help you create a retirement plan that fits your personal goals. No jargon. No pressure. Just expert advice tailored to you.