At Retirement

It can be difficult to understand your options at retirement. In this section, we have explained some common retirement options in plain simple language. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.


Your Retirement options

Your Retirement options

On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your pension savings and the options you have in retirement.

Enhanced Annuities

Enhanced Annuities

An Enhanced Annuity pays a higher income in retirement if you have a medical condition that may reduce your life expectancy.

Income Drawdown

Income Drawdown

Income Drawdown is a more flexible alternative to the traditional annuity route, offering greater choice and control for many people.

Politics

The European Court of Justice rules that the UK can cancel Brexit without the consent of the other EU states.
Reopening the Brexit withdrawal agreement is an option, Downing Street sources say.
Interserve, which provides services in prisons, schools and hospitals, is struggling with £500m debts.
Outgoing First Minister Carwyn Jones admits he thought about resigning after Carl Sargeant's death.
Some MPs say the Brexit deal threatens the integrity of the union because of Irish border backstop.