Income options for your pension under the 2015 rules
- Compare options at a glance in our table
- How income drawdown and lump sums work
- Follow our step-by-step guide to making the right choice
What's in this guide
Which? money experts explain your options for turning your pension fund into retirement income.
Our unique Which? pension calculator shows how big your final pension pot is likely to be and translates that into a retirement income.
How income drawdown works and whether it is suitable for you - keeping your money invested and taking some out each year.
How an annuity works and whether there's still a place for one in the new pensions world.
Which? explains the consequences and tax implications of taking your pension fund in one go.
The pension changes have introduced a new way to take money from your pension in a flexible way, namely uncrystallised funds pension lump sum (UFPLS).
Some people with a final salary pension can use the new pension freedoms and transfer their money. Which? outlines how, and what to consider.
Which? guides your through the tricky process of deciding what to do with your pension pot and when you should do it.
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