Income drawdown is a flexible way for those aged 55 and over to access the money in a ‘defined contribution’ pension scheme without using the full pot to buy an annuity to provide an income for life.

Brits retiring in 2026 could be withdrawing too much from their pension pots if they stick to an old rule about ‘safe’ limits ...

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

Talking Head: One of the first acts of the coalition government in 2010 was to reform the pension drawdown rules. The regime in place was essentially a grudging concession to those who objected to ...

A new planning tool designed to help members manage regular income withdrawals during retirement has been unveiled. People's ...

People’s Pension has launched a regular income planning tool to support its members manage their savings more sustainably in ...

Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek ...

Talking Head: The PMI's Tim Middleton explains why, when push comes to shove, annuities are an inevitable part of retirement income provision for the majority of savers. The regime in place was ...