7 tips to compare drawdown providers
By Kirsten Hastings, 19 Feb 18
The number of providers offering drawdown has gone up since the pension vehicle was first introduced in the UK in 1995, but differences in quality of service and charges can be substantial, warns Hargreaves Lansdown, which has offered seven tips to compare providers.
3. Make sure you’ll have easy access
Lots of people manage their finances online. There’s no reason your pension should be different.
Drawdown needs regular monitoring and reviews, so being able to see your account online can be an advantage. If you can check your investments wherever you are, and at a time that suits you, finding opportunities or underperforming investments could become much easier.
Tags: Drawdown | Hargreaves Lansdown
