How to draw cash from your pension is not a decision to be taken lightly. Faith Glasgow explains why all of your investment pots should play a part in the choices you make.
Although the government is scrapping the compulsory purchase of an annuity at 75, for many of us a steady annual income is still the best option in retirement. But you shouldn't always stick with your pension provider, says Esther Armstrong.
The likelihood of securing a comfortable retirement has taken a further blow, after the news that annuity rates have hit an all time low. But what are they likely to do next?
Unless you retire with a final salary pension, you normally have to convert your pension fund into an income for the rest of your life. For the majority of people the most practical option is an annuity. So what should you look for? Let Moneywise help with our Buyer's Guide.