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.

The service provided by Corporate Benefits was very helpful in my husband and me attaining our dream of early retirement.  Their approach was that they knew the specific issues that we would have to deal with, provided answers, resulting in a beneficial outcome.  My husband had three pensions and they dealt with the complexities of this with expertise.  They are professional, knowledgeable and extremely helpful.
Mr & Mrs McHendryGlasgow