How to use this compare pension drawdown site
Income drawdown allows you the most flexibility when taking a pension income. Your pension is kept invested, similar to the accumulation stage, however you can take an income when you wish. It’s not a guaranteed lifetime income, like an annuity, but could be suitable for those wanting more flexibility with how they want to use their pension. Income drawdown also allows assets to be passed onto an estate on death, unlike an annuity, and will not form part of the estate for inheritance tax purposes.