Independent Financial Advisers

01264 332334

NEED HELP?

Get in touch with us today by phoning .....

01264 332334

or email us at .....

info@pageandpage.co.uk

or visit us at

Oliver House, 40a High Street, Andover SP10 1NF

or use the contact form to send us a message .....

Income Drawdown / Unsecured Pension

 

Since income drawdown was introduced some years ago, anyone of retirement age with a defined contribution pension has been able to take income directly from their pension fund without needing to buy an annuity. Now, with the introduction of new ‘income drawdown’ rules, anyone with a defined contribution pension and age 55 or over, can use income drawdown to provide the income they need in retirement. Pension savers who are currently in a capped drawdown can move out of that arrangement whenever they choose.

Although you can withdraw up to 25% of your pension fund tax-free, anything else you withdraw from your pension pot will be treated as income and as such subject to the marginal rate of income tax.

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

Tax treatment varies according to individual circumstances and is subject to change.

Need help? Get in touch with us today, we love to hear from clients old and new.

Call us on 01264 332334

Visit us at Oliver House, 40A High Street, Andover, SP10 1NF

..... or simply complete the enquiry form below.

Contact us at info@pageandpage.co.uk and speak to one of our advisers today

Claim your FREE credit report

Taking a look at your credit report will allow you to see all the information the lender will see when they check your credit profile.

 The credit facility has a 30 days free period and can be cancelled at any time. It is then £14.99 per month

Important Information

Your home may be repossessed if you do not keep up repayments on your mortgage.

Most forms of buy to let mortgage are not regulated by the Financial Conduct Authority.

Page and Page Andover Limited is an appointed representative of The Whitechurch Network Limited which is authorised and regulated by the Financial Conduct Authority.

Registered in England & Wales      Company number : 07825326        Registered Address : Oliver House, 40a High Street, Andover, Hampshire, SP10 1NF

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

 

Privacy Policy       Complaints