Pembroke Wealth Management: 
drawing your pension
Retirement Income can now be classified under 5 main headings...
- Scheme Pensions - typically, drawing your income directly from your employer's occupational pension scheme.
- Lifetime Annuity - taking your income as an annuity. Commonly associated with drawing income from Personal Pensions,Stakeholder Pensions or Self Invested Personal Pensions (SIPPs). You should always consider the Open Market Option when looking for the best annuity return.We can help you achieve this.
- Unsecured Pension (Income Drawdown) and Phased Retirement
- Alternatively Secured Pensions - a type of 'unsecured pension' only available from age 75
- Pension benefits taken under 'Triviality' rules.
The pension rules are quite detailed and will affect different people in different ways, so to see how these rules affected you, please contact us.
We have prepared a detailed Guide to all of the Retirement Options - simply click here
