How to use this compare pension drawdown site
Flexi-access drawdown is the new way to take your pension income. Previous know as capped drawdown, which restricted the income available each year, flexi-access drawdown provides complete access without restriction. Announced as part of the pension freedom reforms, it allows you to take 25% tax free and keep the remaining fund invested. Income can be started and stopped at any point and be taken as a lump sum or regular income. Flexi-access drawdown can also be converted to another pension income product such as an annuity or fixed term annuity at any point in the future.