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Reeves Group brings together financial advice, wealth management and mortgage firms under one roof. Thirty years on from where we started, our focus hasn't changed: helping people make good decisions about their money.
Our BrandsI want financial advice
Independent financial advice for individuals, families and business owners, covering retirement planning, pensions and investments.
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Succession, acquisition and partnership for advice firm owners, whether you're planning an exit now or thinking several years ahead.
Our other brands
Financial advice and continuing service for established client relationships across the group.
Mortgages, protection and wealth management advice from our team in Edinburgh.
Retirement Planning
We help you plan the retirement you want, from working out your likely income to deciding how and when to take it, then look after you throughout. Every plan is tailored to you.
Learn moreRetirement Planning
Financial Advice
We look at how your pensions, savings and wider finances fit together, so your retirement plan holds up as things change. Independent advice, built around what you’re working towards.
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How your money is invested should follow your retirement plan, not lead it. We build around your timescale and the risk that suits you. You’ll always know what you hold, what it costs and why.
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Have you considered how you'll take your pension in retirement?
Pension drawdown can give you flexibility over how and when you access your pension, but it also leaves your pot invested and therefore you need to consider if it’s right for you.
Pension drawdown allows you to keep your pension invested while taking an income from it. Unlike an annuity, your income can be adjusted to reflect your circumstances, but investment performance and withdrawals can affect how long your pension lasts.
1
We review your pensions, income needs, objectives, investments and wider financial circumstances.
2
We develop a retirement income strategy around your priorities, risk tolerance and expected spending.
3
Once agreed, we help you implement your chosen pension and investment strategy.
4
We regularly review your plan and recommend changes where your circumstances, objectives or market conditions warrant them.
Pension drawdown allows you to take an income from your pension while keeping your remaining funds invested. This flexibility can help you adapt your income as your retirement needs change.
The amount and frequency of withdrawals can have a significant impact on your pension. A considered approach can help balance your current income needs with the need to retain funds for later life.
Your pension remains invested while you use drawdown, making your investment strategy an important part of your retirement plan. We consider your objectives, risk profile and investment timeframe when recommending an approach.
A drawdown portfolio needs to support withdrawals while remaining invested for the future. We consider how your investments, income requirements and wider financial position work together.
Your circumstances and retirement needs can change over time. Regular reviews allow us to assess your drawdown strategy and make recommendations where changes to your income, investments or wider plans are appropriate.
Client story
This is the question Louise came to us with, she’d heard of the changes from annuities being the primary way to access your pension and wanted to know more about how drawdown works and if it could be right for her retirement.
FAQs
What is pension drawdown?
Pension drawdown allows you to take an income from your pension while keeping the remaining funds invested. It can provide greater flexibility than a guaranteed income option, but your pension remains exposed to investment risk. We can help you assess whether drawdown is appropriate for your circumstances, how much income you may need and how your pension should be invested to support your plans.
How does pension drawdown work?
With pension drawdown, you can usually take an income from your pension while the remainder stays invested. You can adjust your withdrawals as your circumstances change, but taking too much can reduce the funds available later in retirement. We can help you establish a sustainable withdrawal strategy that considers your income needs, investments, tax position and wider financial plans.
How are drawdown pensions performing?
There is no single level of performance for a drawdown pension. Returns depend on the investments held, market conditions, charges and how much you withdraw. Investment performance should also be considered alongside the income you are taking. If you already have an advice team, speak to them about whether your strategy remains suitable. If you do not have an adviser, book a review with us to discuss your options.
Is a drawdown pension a good idea?
Drawdown can be a suitable option if you value flexibility and are comfortable keeping your pension invested, but it is not right for everyone. The right approach depends on your income requirements, other assets and sources of income, investment risk and long-term objectives. We can assess your circumstances and recommend an approach designed to support your retirement plans.
Straightforward writing on pensions, retirement, tax and investments.
General
• 3 min read
by Reeves Team
Retirement
• 23 min read
by New Client Team
Pensions
• 8 min read
by Pre-Retirement Team
