Annuities and drawdown are the two main ways of using your pension pot to fund your retirement. But how are they different? What option is best for you? And what risks do you need to be aware of? Our ...

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

The demise of the final salary pension scheme has been well documented in the press. Most employers have put in place a defined contribution scheme to comply with their duty to automatically enrol ...