Since the pension freedoms, more people have been considering investing some or all of their pension savings in 'income drawdown' arrangements. One of the key things to consider should you choose this option is how your pension savings are invested and how different types of investments can affect the value of the total fund.
What do you need to bear in mind if you are thinking about investing your pension pot?
In this Retirement Matters video, Pete Matthew explains what investment volatility is and how this can affect the value of your fund if you are taking income drawdown:
Alternatively, HUB Financial Solutions, part of the Just Group, offers an annuity comparison
service that could help you make sense of your options.