What is pension drawdown and how does it work?

Pension drawdown offers flexible retirement income while keeping your savings invested. Understand how it works, the tax implications, and how to manage risk for long-term financial security.

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How pension drawdown works with multiple pensions or larger pensions

Managing pension drawdown across multiple pots requires careful tax planning, withdrawal timing, consolidation decisions and investment strategy to support sustainable retirement income and protect long term inheritance objectives effectively today.

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Couple looking at laptop and paperwork while discussing their finances at home

What’s changing in the 2026/27 tax year – and why it matters

The 2026/27 tax year brings subtle but significant changes across income, savings, pensions and property, where frozen thresholds and rule changes could gradually increase how much tax you pay.

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