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Pensions Drawdown

Pensions are not just about saving for retirement, they can release capital before you retire too if that’s what you want and plan for. A Flexible Access Drawdown plan, which may also be referred to as Pension Release, Income Withdrawal or Income Drawdown, is a special kind of personal pension plan that allows you to access the money locked up in your pension, offering higher rates and greater flexibility than an annuity would.

A drawdown allows you to take a lump sum or an income from your pension any time after your 55th birthday. In fact you can release up to 25% of your pension at that time or take an income from it. At Leagold Miller we will help you to establish whether your current pension allows you to do this or we’ll help you to find one that does. We’ll assist you with your financial planning for your future to make sure that you can afford to release the funds you wish to access. We’ll minimise your tax liabilities and keep you informed of any changes to your scheme as a result of your drawdown.

To find out more email us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call us on 020 8506 3939.

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Leagold Miller is a trading name of Leagold Limited which is authorised and regulated by the Financial Conduct Authority. FCA Firm Registration Number 121398.

Leagold Limited Registered Office: Soler House - PF, 915 High Road, North Finchley, London, N12 8QJ. Registered In England No: 1692041.

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Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:

The Financial Ombudsman Service Exchange Tower, London, E14 9SR. Tel: 0800 023 4567 or 0300 123 9 123