​August 2019
​What are the Pros and Cons of Pension Drawdown?


What is pension drawdown?

PROS

Flexibility

Tax planning benefits

Investment control

​CONS

It’s not a guaranteed source of income and you might live too long

You have greater responsibility – and mistakes can be made

Investment risk

Do you have a question? Email us at info@reevesifa.com. 


It is important that no actions should be taken without first taking advice. Personal circumstances and an individual’s appetite for risk means that the advice for one person may not be the same for everyone.  Reeves do not advise on Defined Benefit pension schemes. Reeves do introduce a third party specialists in areas of work we do not cover. Reeves run an advanced investment portfolio management service on an advisory basis only