• Pension Release
• Pension Transfer
• Occupational Pensions
• Retirement Planning
  • Plan Your Retirement
  • Pensions & Divorce
  • Income Drawdown
  • Pension Performance
• Annuities
  • Introduction
  • Flexible Annuities
  • Lifetime Annuities
  • Special-Situation Annuity
  • Unit Linked Annuities
  • With Profits Annuities
• Helpful Information
  • Useful Downloads
  • Jargon Buster
  • Customer Testimonials
• About RBA
  • About RBA
  • Blog
  • Contact
  • Disclaimer
  • Site Map

Income Drawdown

Getting the maximum Drawdown from your Pension could be a viable way of funding a happy retirement.

An Income Drawdown (also known as income withdrawal) is when you make a decision to defer buying an annuity at retirement age, but instead leave the funds within your pension to be invested into a well-managed portfolio. You are then able to draw income from the pension investment.

Advantages of Income Drawdown

• It can be tax efficient.
• Income Flexibility
• You may be able to buy an increased annuity when you finally convert your pension.
• There can be significant benefits on the death of the policy holder, for their partner or estate.
• By deferring your annuity through the use of income drawdown you are also able take advantage of the UK government's relaxation of pension rules that came into effect in April 2006.

Current UK rules state, you must convert your pension to an annuity or alternatively secured pension, no later than your 75th birthday. Also, if you want to take your tax-free cash allowance from the pension, this has to be done before you take any income from the investment.

Get the full story

Income draw-down is not without risk. Robert Bruce Associates can offer you specialist, helpful and clear advice to help you make an informed choice. Our qualified advisors will ensure any decision is made only once you have all the facts in hand, and only as a result of establishing your personal wishes and criteria.

Why not call us today?

Get the most out of your retirement...
Call us today on 0845 838 7377

• "I wish I had found Robert Bruce Associates earlier! The service I received was very professional and I was made to feel comfortable at every stage."
  G Smith
• "The advice I received from Robert Bruce Associates was very welcome indeed. I found them to be very knowledgable, helpful and trustworthy. I'm now more confident my retirement years will be enjoyable rather than a misery."
  C Spratton
• "Thank you for your help in transfering my pension. Your service was both reliable and helpful - I consider myself to be extremely lucky to have found them at the time I did."
  J Farrell
• "I would not hesitate in recommending Robert Bruce Associates. They have handled my pensions and investments for many years - they are truly a breath of fresh air in an area that can sometimes seem complicated."
  D Church
• "As a self-employed gentleman approaching pensionable age I sought advice regarding my personal pension holdings. It was very refreshing to find Robert Bruce Associates’ personal approach and helpful nature - a contrast to other companies I had previously dealt with." P De Beer