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Old 20 Mar 21, 07:37 PM  
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#16
disney332
Imagineer
 
Join Date: Oct 09
Originally Posted by tspill View Post
I don't think this is always the case. Mine is with Standard Life and I can move this into Flexible Drawdown. I am not required to go down the annuity route.
True, but if you derisk and decide to stay in the market in retirement, you have lost growth and incurred costs of selling, only then to repurchase equity content.

So you need to be sure you know what YOU want, pre strategy ..,pre retirement

Disney332

Edit...FYI when flexi retirement was introduced the annuity market collapsed
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Edited at 07:41 PM.
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