tbooth

Hmm. One of my UK Pension providers allows me to do flexible drawdown. Another won't but does allow a segment at a time to be encashed each year - which equates to a drawdown - but I don't understand their thinking. The last one was a fixed pension annuity I seem to have fixed in the 1980's. Which was a bad deal at the time, but with the financial changes since is now a fantastic bargain at a 8% annuity.