Flexible drawdown, and flexi-access drawdown work in the same way for the investor; they let them take unlimited withdrawals from the pension.
The key difference was that under flexible drawdown an investor had to have a guaranteed lifetime income of £12,000 per year.
Effectively now everyone has access to flexible drawdown through flexi-access drawdown). Click here to find out more about flexi-access drawdown.
If you have a question about pension drawdown or want to discuss Flexible or Capped drawdown in more detail and how it can benefit you, then Contact us online or phone 0800 011 2713.
If you can't find the information you're looking for on the website, or you want to know more or have a question, or just want to chat through some details about your pension then please feel free to contact us, without obligation. Either contact us online or call 0800 011 2713.