Why drawdown is such a complicated arrangement

 

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.

Listen here on episode 045 The Retirement Café Podcast.

 

Useful links

William Burrows’ website including access to his various guides

Episode 044 – When buying an annuity is the right choice

Episode 031 – Investing explained: Asset allocation

 

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