Unsecured Pension (Income Drawdown)

Again there are a whole host of options but probably the key point is to understand the risks you will be taking.

Considerations:

·        Do you want to be hands on or hands off regarding your investments?

·        Do you want all your tax-free cash up front or staggered for tax efficiency?

·        Check that your investment and income objectives are clearly understood as is your attitude to risk by your financial planner.

·        Verify the financial strength of the company invested with and the ability and resource of your financial adviser and their company.

·        Ensure at least an annual review structure is agreed and implemented.