Taking Your Pension — Annuities, Drawdown & Lump Sums
How to take your pension income in retirement — annuities vs drawdown, pension lump sums, tax-free cash, and sustainable withdrawal rates.
Guides & Articles
Best Pension Drawdown Providers UK 2026 — Flexi-Access Compared
Compare the best pension drawdown providers in the UK for 2026. HL, AJ Bell, Vanguard, Fidelity, and ii reviewed — fees, …
Read guide →Can I Take a Pension Lump Sum and Stay in the Scheme? UK 2026/27
Taking some pension cash while keeping the rest invested is possible in defined contribution pensions. Find out how …
Read guide →What Is a Retirement Annuity Contract (RAC)? UK 2026/27
Retirement annuity contracts (RACs) were pre-1988 pension products with some different rules from modern personal …
Read guide →Can I Take My Pension as a Lump Sum? — UK Rules and Tax 2026/27
You can take your entire defined contribution pension as a lump sum from age 55, but only 25% is tax-free. The rest is …
Read guide →Annuity vs Drawdown UK: Retirement Income Options Compared
Complete comparison of pension annuity vs drawdown in the UK. Income guarantees, flexibility, risks, and how to choose …
Read guide →Can I Take Multiple Pension Lump Sums UK 2026? — Rules Explained
Can you take 25% tax-free from multiple pensions? How the lump sum allowance works across different pension pots, phased …
Read guide →Income Drawdown Sustainable Withdrawal Rate: How Long Will Your Pension Last?
How much can you safely withdraw from a pension drawdown fund each year? This guide covers the 4% rule in a UK context, …
Read guide →Pension Drawdown Income Tax Planning: Keep More of Your Pension
How to take money from your pension in the most tax-efficient way. Covers the pension commencement lump sum, Personal …
Read guide →Pension Lump Sum and Universal Credit UK 2026 — How Benefits Are Affected
How taking your pension lump sum affects Universal Credit and other benefits. Capital limits, notional income rules, and …
Read guide →Pension Lump Sum Calculator UK 2026 — How Much Tax-Free Cash Can You Get?
Calculate your pension tax-free lump sum. How much you can take from defined contribution, final salary, and state …
Read guide →Pension Lump Sum vs Drawdown UK 2026 — Which Is Better?
Compare taking your 25% pension lump sum versus pension drawdown. How each option works, tax implications, flexibility, …
Read guide →Should I Take 25% Tax-Free Cash from My Pension? (UK 2026)
A detailed guide to taking your 25% tax-free pension lump sum — when it makes sense, when to leave it invested, and what …
Read guide →Should I Take My Pension Lump Sum? UK 2026 — Pros, Cons and When It Makes Sense
Should you take your 25% tax-free pension lump sum? Weighing the pros and cons, when it makes sense, and when to leave …
Read guide →What to Do with Your Pension Lump Sum UK 2026 — Best Options
How to use your tax-free pension lump sum wisely. Best options for investing, saving, paying off debt, or spending your …
Read guide →Annuity Rates 2026 — How Much Income Will Your Pension Buy?
Current UK annuity rates for 2026, how annuities work, what affects your rate, and whether an annuity is right for your …
Read guide →Drawdown vs Annuity — Which Is Best for Your Retirement Income?
A head-to-head comparison of pension drawdown and annuities — pros, cons, costs, risks, and how to decide which is right …
Read guide →Pension Tax-Free Lump Sum Guide — 25% PCLS Explained
How the 25% pension tax-free lump sum works, how much you can take, when to take it, and how it affects your remaining …
Read guide →Pension Drawdown Calculator UK — How Long Will Your Pension Last?
Calculate pension drawdown sustainability. Work out how long your pension pot will last, sustainable withdrawal rates, …
Read guide →Pension Drawdown Guide UK — How Flexible Retirement Income Works
Understand pension drawdown (flexi-access) in the UK. How it works, tax implications, income strategies, and how it …
Read guide →Retirement Income Guide UK — How to Fund Your Life After Work
Plan your retirement income from all sources — state pension, workplace pensions, SIPPs, ISAs, and more. Drawdown …
Read guide →Annuity Guide UK — Guaranteed Retirement Income for Life
Complete guide to annuities. How they work, types available, rates, whether to buy one, and how to get the best deal for …
Read guide →