Tag Archives: Income Drawdown

New Retirementality: Drawdown or annuity?

Risk of running out of money

The announcement that the income from a joint lives annuity will be tax-free for the survivor of a marriage or civil partnership has to some extent leveled the playing field between the retirement options of buying an annuity and drawing down income and capital from a pension pot. However, the flexibility and tax-efficiency now available […]