In this edition No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest. Before pension freedoms were announced in 2014, around 90% of people bought an annuity at retirement, a guaranteed income for life.
Now, only 12% do.
Instead of annuities, thousands are choosing a more flexible but higher-risk alternative for their retirement income – drawdown.Drawdown lets you keep your pension invested and take as much, or as little, income as you want. But this control comes with risks. If your […]
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