At Retirement Planning
The choices available to consumers are wide and varied and advice is essential at this key moment.
Many of the options available once selected are irreversible such as the purchase of an annuity. Many people assume the only option is to purchase an annuity but on many occasions alternative solutions such as drawdown or flexible drawdown would be better.
– the funds are allowed to continue to grow leaving the fund intact. Income is provided by withdrawing an income, monthly, quarterly, half yearly or annually.
– purchasing an annuity, which in itself has many choices -open Market Option, impaired annuities etc.
Other areas of advice…
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Our website offers information about investing and saving, but not personal advice. If you’re not sure which investments are right for you, please request advice, for example from our financial advisers. If you decide to invest, remember that investments can go up and down in value, so you could get back less than you put in.