Options for drawing benefits from a self-invested pension

Published by James Jones-Tinsley on

 

Covid-19 update: There are a number of different ways available to extract income and tax-free cash from your pension fund, as well as deciding when to access the fund.  These are detailed in this Briefing Note to help you consider which option(s) are appropriate for you.

 

Estimated reading time: 13 minutes


You spend a long time building up a pension fund that is big enough to support you throughout your years in retirement. The choices you make about how and when you draw benefits from your pension fund will determine how much value you get out of it.
"You will get the most value out of your pension fund by making good decisions on when you take money out, in what form or forms, and over what period of time."

To find out more, please download the full briefing note below.