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Flexi Access Drawdown Pension

What Is A Drawdown Pension? On 6 April 2015, the Government introduced major changes to people’s defined contribution (DC) private pensions. Once you reach the age of 55 years, you now have much more freedom to access your pension savings or pension pot and to decide what to do with this money – [...]

By |2019-10-15T11:19:32+01:00January 25th, 2019|Pensions|0 Comments

Should You Be Cashing In Pensions At 55?

For most people unlocking or cashing in pensions at 55, in part or in full, is now possible. How you do this will depend on the type of scheme you have and how you want to take your benefits. Under pension freedoms, the rules allow anyone aged 55 and over to take the whole [...]

By |2019-10-15T11:21:48+01:00January 14th, 2019|Pensions|0 Comments