Drawdown and Annuities

For advice on income drawdown and annuities, get a consultation with a financial advisor near you

Income Drawdown

Income drawdown is an alternative to purchasing an annuity and allows you to keep your pension invested while taking a portion of the pension each year as income which is where the term income drawdown is derived.


Buying an annuity will provide you with a guaranteed regular income in exchange for the pension fund that you have built up over the years. Two-thirds of people still purchase their annuity from their existing pension provider, however, you are not obliged to do so.

A financial advisor specialising in advising on annuities can give you advice on a range of issues including the different types of annuity you may consider:

  • Conventional Annuities
  • Value Protected Annuities
  • Impaired and Enhanced Life Annuities
  • Unit Linked Annuities
  • Purchased Life Annuities

You can take the hassle out of comparing the thousands of annuities on offer and peak to a regulated financial advisor for advice.

Financial advisors are authorised and regulated by the Financial Conduct Authority (FCA) which means that they are qualified to give professional advice and will give you a free telephone consultation. For instance, you may wish to obtain free advice about the following:

  • What annuity rate can I expect with my pension fund?
  • What should I consider before choosing drawdown or annuities?
  • Which kind of annuity would be most appropriate for me given my circumstances?
  • Should I stick with my existing pension provider to switch to another for my annuity?
  • How do I compare the different annuity quotes I receive?
  • What’s the best way to drawdown my pension?

Simply complete the form to get your free, no obligation telephone consultation with a financial advisor near you specialising in annuities advice.