Get the most flexible return from your pension

With our NEW Mail Finance Retirement Planning Service Allow yourself the flexibility to take a regular income and decide when to access your tax-free cash with drawdown.

What is drawdown?

Drawdown is a product providing complete flexibility on how you access your tax-free cash and pension income. You can choose when and how much income and tax-free cash you take and amend the amounts and frequency at any time. Drawdown is the only pension income product which provides total flexibility, especially when it comes to tax-free cash, however some plans do offer more flexibility than others.

What are the benefits?

Unlike annuities, drawdown provides protections built in as standard, so your fund doesn’t die with you and can be passed on to your loved ones. Added to this, upon passing away, any remaining funds are not counted as part of your estate for inheritance tax purposes, which means they do not attract inheritance tax.

Great flexibility, great benefits

Drawdown could suit you as a great option when planning your retirement income, however it needs careful management as investments may rise or fall and you may not get back what you put in.

Do you need advice?

Advice could be suitable for you if you want the peace of mind of having an expert look at your personal circumstances, your goals for retirement and attitude to investment risk. A tailored personal recommendation on the most appropriate solution, or solutions, for you that is tax efficient and protects you and your loved ones can be recommended by an advisor through the Mail Finance Retirement Planning Service.