Flexible Drawdown One Year On

 
Pension Annuity Phone Number : 0845 83 87 811
Best Pension Annuity Home Seperator Free Quotes Seperator Pension annuity seperator Tax Free Cash Seperator income drawdown seperator pension lump sum seperator FAQS / News  
     
Best Pension Annuity Social Media Visit the Best Pension Annuity page on Facebook Best Pension Annuity on Google+ Learn about Annuities and Drawdown on our YouTube Channel Business Connections  
 
Best Pension Annuity is a trading style of Platinum Financial Consulting
AUTHORISED & REGULATED BY THE FINANCIAL CONDUCT AUTHORITY 
 
Income Drawdown Customer Protection  
 
Check us now on the FCA Register. Number 227014
   
Pension Fraud Protection  
Flexi Access Drawdown Quote
UK Based Flexible Drawdown Company

New Pension Freedoms – £6 billion transferred to Flexible Drawdown in 12 months

Since April 2015, Pension Freedoms have given people more flexibility to access their pension funds. Although £7.6 billion has been released from pension funds in the first 18 months, there has also been a significant amount invested into flexi access drawdown policies.

Over £6.1 billion was invested into income drawdown products in the 12 months since April 2015, with an average fund size of £67,500 *. By transferring pensions to a flexible drawdown products, people have taken control of their own pension funds, and have the flexibility to access their pension fund as and when they need to.

Statistics show that 20% of people who are releasing funds from their pensions are using the money to pay off debts, with the average withdrawal from income drawdown contracts in the first year of Pension Freedoms being £3,800. However over 33% of people entering retirement still have debts, of an average amount of £34,000.

If you feel that using some of your pension fund to clear your debts is a good idea for you, then please get in touch. We will talk you through the whole process and how you can go about getting access to your pension funds, on a no obligation basis. We can help you release your tax free cash, or a taxable cash lump sum using flexi access drawdown, and we will send you a personalised quote and information pack.

 

[*] ABI Pension Freedoms Statistics One Year On; Old Mutual Wealth Retirement Income Uncovered 2016

If you would like a free no obligation flexi-access-drawdown quote or have any questions you would like answered then visit our flexi-access-drawdown website or call us on 020 33 55 482

 

Get your FREE no obligation quote and information pack
 
Please Note : The new Pension Freedoms place a great deal of responsibility on the customer to make the right long term decision about their pension fund and how it is used. While Government Ministers say they "trust" people to make the right decisions, they will not have to deal with the financial consequences of a customer making the wrong decision. Your pension fund was intended to provide you with a long term income in retirement, if you take it all as one lump sum you may find yourself with little or no income during the later years of your life. This website does not give personal financial advice, you should think very carefully before making an irreversible decision. If you are in any doubt please seek independent financial advice or speak to the Governments free Pension Wise guidance service.
Annuity or Tax Free Cash Footer
ABOUT US | INITIAL DISCLOSURE | TERMS & CONDITIONS | PRIVACY POLICY | CONTACT US | DRAWDOWN NEWS | SITEMAP

Cookies Policy : The website does not use cookies and nothing is downloaded to your PC or Device

The information contained on this website is for information purposes only

This website DOES NOT contain personal advice based on your circumstances.

Platinum Financial Consulting
The Old School House, East End Road
Bradwell-on-Sea, Essex, CM0 7PY

Telephone : 020 33 55 4827           Fax : 0871 277 1422           Email : info@platinumifa.co.uk

AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY

Copyright © 2009 & 2017 Platinum Financial Consulting

FCA Registration Number : 227014

Pension Drawdown Specialists