At Retirement

It can be difficult to understand your options at retirement. In this section, we have explained some common retirement options in plain simple language. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.


Enhanced Annuities

Enhanced Annuities

An Enhanced Annuity pays a higher income in retirement if you have a medical condition that may reduce your life expectancy.

Income Drawdown

Income Drawdown

Income Drawdown is a more flexible alternative to the traditional annuity route, offering greater choice and control for many people.

Your Retirement options

Your Retirement options

On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your pension savings and the options you have in retirement.

Pensions

My husband and I receive pension credit, and he gets attendance allowance for a neurological condition, hence I receive a carer's allowance. What happens when I get my state pension this November?
The ongoing Covid-19 crisis has been of huge concern to pension holders. Trillions were wiped off world stock markets in February and March as panic about the coronavirus spiralled - leaving many pension funds nursing heavy losses.
The worst may be over for the COVID-19-related economic slump but beware if the sharemarket hits previous overpriced levels.
Worried what the pandemic means for your pension? Here's why it's best to think carefully before making knee-jerk decisions, says Vicky Shaw.