045 Pension freedoms and the alternatives to buying an annuity, with William Burrows
Watch my conversation with William Burrows on YouTube or listen on the podcast player below
Last week we discussed annuities, what they are and when you may decide to buy one.
In 2015 new legislation – The Pension Schemes Act 2015 – took the pensions market by storm. Known as ‘pension freedoms’, the new rules gave you more options as to how to take your pension savings.
Billy Burrows returns to the podcast this week to talk us through pension freedoms and what this means to you.
We discuss pension drawdown, Billy’s ‘three pot approach’, and creating an income strategy for all phases of your retirement.