A must read for anyone considering drawdown

Drawdown is one of the most flexible ways to take money from your pension. But there are some costly traps that investors fall for time and time again.

Download this essential guide, which is not personal advice, for tips on how to avoid these traps, which could end up saving you thousands of pounds. You’ll also learn:

• Why you should consider a secure income
• How to check if your income withdrawals are sustainable
• Why you should shop around for the right drawdown provider
• How to avoid a hefty tax bill
• How to review your pension if you choose to stay invested

The guide isn’t personal advice. What you do with your pension is an important decision that you might not be able to change. Check that you're making the right decision for your circumstances and that you understand all your options and their risks. The government's free and impartial Pension Wise service can help you and we can offer you financial advice if you’d like it.

Drawdown is a higher risk option than an annuity. Remember the value of your investments can go down as well as up so you could get back less than you invest. Income in Drawdown isn’t secure.