Forget The Jargon

Select our Easy-View Option below to watch a short clip summarising your pension options.


Under the new pension freedoms, you can mix and match the options below, however not all pension schemes/providers offer every option listed.


The Options Available | Freedom & Choice

~ Delay taking your pension benefits - allowing your fund to grow tax-free ~
~ Use your pension fund to provide a flexible income during your retirement ~
~ Use your pension fund to purchase a guaranteed income for life ~
~ Withdraw small cash amounts from your pension fund ~
~ Withdraw your whole pension fund in one transaction ~
~ Create a variation of the above options to suit your circumstances ~

case study carol.jpg

Case Study |  Income Drawdown

Carol, 63, is approaching retirement and considering pension drawdown. Carol has a Self Invested Personal Pension worth £500,000 and no other retirement savings. Before she retires she is keen to pay off the final £50,000 of her mortgage.

Weighing Up Your Options   |   3 Pension Options In 3 Minutes

This short clip summarises pension drawdown, encashment and purchasing an annuity.

pension wise logo.jpgIMPORTANT INFORMATION

Pension Guidance