We’ll use your selected retirement age and the same investment choice you made for your pension while building your pension pot for your flexi-access drawdown account.

If you’ve invested in multiple funds – each time you make a withdrawal, we’ll reduce how much money you have in each fund proportionately.

For example, if you decide to withdraw £2,000 from your pension savings and the value of your pension savings was split between 3 different funds (£65,000 ‘adventurous’, £25,000 ‘balanced’ and £10,000 Cash) – £1,300 (65%) of your withdrawal would come from the ‘adventurous’ fund; £500 (25%) from the ‘balanced’ fund; and £200 (10%) from the Cash fund.

You can find out more on our website about:

• Taking your pension pot a bit at a time through flexi-access drawdown
• How your pension money is invested and your investment options