"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
Many people starting to draw benefits from their pension fund feel comfortable with conventional annuities from an insurance company but many more people – typically those with higher pension funds – seek more flexibility of income, investment opportunities, and death benefits.
Income drawdown offers a wider range of options than conventional annuities but there are risks as well as potential benefits. Which route is best for you?