by hollyelaine | Apr 2, 2020 | Archive
Capped Drawdown Capped Drawdown is a continuation of Unsecured and Alternatively Secured Pensions (USP and ASP). – a way of releasing a pension commencement lump sum without buying an annuity. The main points of a capped drawdown contract are relatively simple....
by hollyelaine | Apr 2, 2020 | Archive
Flexi Access Drawdown Flexi Access Drawdown (FAD) allows the investor to draw down without the restrictions applying to capped drawdown. This includes drawing down the whole fund if necessary. The main uses for Flexi Access Drawdown are as follows: To take the...
by hollyelaine | Apr 2, 2020 | Archive
What Is Pension Drawdown ? ” Pension Adviser Derby ” – Credencis Interpreting What is Pension Drawdown Pension Drawdown Common References Income release, pension release and income drawdown are the 3 most common terms used when describing pension...
by hollyelaine | Apr 2, 2020 | Archive
Final Salary Pension Transfer Defined Contribution Schemes Recent pension freedom rules have allowed final salary pension schemes also known as defined benefit (DB) to switch into defined contribution (DC) arrangements. The advantages of the new arrangement are:...
by hollyelaine | Apr 2, 2020 | Archive
My State Pension State Pension Forecast The state pension is designed to provide you with a regular income for the rest of your life; it will regrettably be unable to provide you with the income to sustain the lifestyle that you most likely would desire. It is...
