Pension and retirement rules have changed. You now have greater flexibility than ever before. Your pension fund is unique to you and no two plans for retirement are the same. When and how much retirement income you are paid will depend on the choices you make. Your retirement options are:
There are benefits and drawbacks to each. The best option for you will depend on your pension fund and how you would like to receive an income during retirement. The new rules allow greater flexibility and freedom to plan for the retirement that you want. If you’re unsure of you options or would simply like more information our professional advisors are experts in the field of pensions and retirements and are always available to take your call on 0141 764 0040.
Further reading:
At what age do you want to retire?
A retirement income takes a long time to build
3 reasons a deferred pension may mean more money for you
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Information on this website should not be considered as personal advice, if you wish to receive professional advice as to the suitability of Income Drawdown or Purchasing Annuities for you, please contact us.. Contact us » for more information. |
