At Retirement

It can be difficult to understand your options at retirement. In this section, we have explained some 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

Your Retirement options

On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your pension savings and the options you have in retirement.

Enhanced Annuities

Enhanced Annuities

An Enhanced Annuity pays a higher income in retirement if you have a medical condition that may reduce your life expectancy.

Income Drawdown

Income Drawdown

Income Drawdown is a more flexible alternative to the traditional annuity route, offering greater choice and control for many people.

Pensions

The fund now stands at a little over £106,000. Admittedly I’ve been withdrawing £450 a month, but the fund loss is a hard pill to swallow. Would I be better moving my funds to a more proactive adviser?
The Pensions Regulator (TPR), the Financial Conduct Authority (FCA) and the Single Financial Guidance Body (SFGB) have “welcomed” the independent review by Caroline Rookes into the British Steel Pension Scheme (BSPS) scandal
New French pension reforms will introduce “major coefficients” to encourage people to leave the work force after age 62, according to Les Echos