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    What is pension Drawdown?

    What is pension Drawdown?

    When you retire, the pension pot you’ve put away doesn’t automatically become a source of income. You can choose to either purchase an annuity against your investment, or keep it invested and withdraw funds as and when you need them.

    The latter of those two methods is called a pension drawdown.

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    How it works?

    You leave your pension pot invested in shares and bonds, and cash in some of these when you need funds in hand. This is the more rewarding alternative, but there are risks involved.

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    How it works?

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