It can be difficult to understand your options at retirement. In this section, we have explained some of the common retirement options in plain simple language. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.
Your Retirement Options
Talk to us about how the April 2015 changes may have affected your pension. At retirement, you can withdraw the savings in a number of ways.
If you’re concerned about annuities why not consider the drawdown option as an alternative? Although higher risk you may find that this gives you greater flexibility and choice.
Should you or your partner have a medical condition that could reduce your life expectancy, it may be worth taking out an Enhanced Annuity as this can pay out a higher income in retirement.