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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.

7. Understand your options
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7. Understand your options

What you do with your pension and where you choose to invest is an important decision. Make sure you understand your options and check your choice is right for your circumstances. Take advice or guidance if you’re unsure.

The government provides a free and impartial service – Pension Wise – to help you understand your retirement options.

Tags: Drawdown | Hargreaves Lansdown

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.