Income drawdown (or flexi-access drawdown) lets you take a flexible income from your SIPP or other pension during retirement. You choose how much income to take, how often to take it and where your pension is invested – but this also means your income isn't guaranteed and your pension could fall in value. Not all pensions offer income drawdown – you need one like our Best SIPP.
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","heading":"The Best SIPP","image":{"imgUrl":"https://www.bestinvest.co.uk/media/3m1aygxc/retirement-small-new.png"},"primaryCta":{"url":"https://www.bestinvest.co.uk/guides/the-best-sipp","name":"Find out more"},"contentType":null,"key":"fce3eda2-0edf-468d-88d2-f845f3736457","properties":null},"settings":{"backgroundColor":{"color":"f9fafc","label":"blue"},"alternateLayout":false,"contentType":null,"key":"4d061bba-6197-4d00-b564-2b0c7bf0bd10","properties":null},"blockType":"imageContentBlock"},{"content":{"subtitle":"Retirement lasts a long time, and charges can make a dent in your pension over several decades. That’s why we keep our income drawdown fees low and simple.
\nView full income drawdown charges
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\nSIPPs are not suitable for everyone. If you don’t want to invest across different asset classes or don’t think you will make use of the investment choices that SIPPs give you then a SIPP might not be right for you. Please contact us for guidance or advice if you are unsure whether a SIPP is right for you.
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