Understand and compare your investment pathway options (for pension drawdown) Beta

What are investment pathways?

  • Investment pathways simplify the decision of how to invest your remaining pension pot after you’ve taken your tax-free lump sum.
  • An investment pathway is a ready-made investment option linked to one of four retirement objectives.
  • They are based on what plans you might have for your money over the next five years and they’re managed by your provider, so you don’t need to worry about choosing your investments.
  • Pension providers must offer investment pathway options if you wish to take your tax-free lump sum and/or start taking a flexible income (pension drawdown) now or later without taking financial advice.
  • They’ll also have to offer investment pathways options to you if you move an existing pension in drawdown from one provider to another.

Watch this short video (1 minute 30 seconds) to find out about investment pathways and how they can help simplify the decision about where to invest when you move into a pension drawdown product. (Download the video transcript) link downloads a PDF

What do you want to do?

We need to know how much money you want to use from your pension pot so we can work out: - how much tax-free lump sum you’re entitled to take, and - what charges you will pay

Enter the amount of your pension pot(s) you want to put into a flexible income product. This should include any amount you want to take as a tax-free lump sum £

(We will deduct 25% as a tax-free lump sum before showing you the comparison results.)

From how many pots?

You can use some or all of your pension savings from different pots for this option. Some providers charge a transfer-in or set-up charge per pot. Check how much you will pay with your provider or financial adviser.

What is the value of your existing flexible income product? £

When were you born?

We need to know your age as some providers limit the options they offer based on your age. We will only show you products that you are able to set up.

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