Income Drawdown is a flexible way of taking retirement income, which allows you to draw income directly from your pension fund, without buying an annuity. You can access Income Drawdown immediately, provided you are over age 55 and you can choose how and when to take your retirement income. You can even defer taking income at all.

The pension fund will remain invested and your retirement income will depend on the investment performance of the fund.

Aside from the flexibility offered, the other main advantage of Income Drawdown is the option for passing your fund to your spouse or dependents in the event of your death which can be appealing when compared to the annuity route.

“Corporate Benefits have made a very confusing situation very easy to manage. They gave us very clear sensible advise and clarified the confusing situation that surrounded the new pensions legislation. Our advisor was extremely friendly and knowledgeable about the new arrangements and was very good at listening to our needs and advising us appropriate to meet those needs. We feel we’ve had a very high quality service from our advisor and would be very happy to recommend them.”
David & Mary WilsonBalloch,West Dunbartonshire