Does income drawdown confuse you? If so, you are in good company. Thousands of UK residents are keen to transfer their pension money to drawdown for greater flexibility but are unsure as to the process. Income drawdown allows you to withdraw money at any time you choose. There are restrictions relating to the minimum and maximum amount you can take out. These limits depend on the provider and the size of your fund.
Talk to an independent financial adviser to discover these withdrawal limits and how they affect your account. Transferring to income drawdown is a big decision; call an expert to deal with the more complex matters relating to it. Find a local Income drawdown adviser today!