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An Income Drawdown is one of the most flexible ways to access your pension, from the age of 50yrs following your retirement from employment. Income Drawdown gives you control of how much income you take (which is taxable) and can make withdrawals whenever you want; monthly, quarterly, semi-annually, or annually subject to the maximum drawdown amount.
Why buy an Income Drawdown Fund?
Benefits at a glance
Guaranteed Investment Return of 4% each year
Yearly bonus income due to a strong investment performance
Tax-Free Pension limit
Leave an inheritance for your beneficiaries
Flexibility on pay-outs (monthly, quarterly, semi-annually, or annually)
Control of how much you drawdown
Top up is allowed