A
A
Search button Manage account button

Help and support

Search our knowledge base for answers

Browse help & support for: Employers & AdvisersMembers & Employees

Flexi-access drawdown

Where will my pension savings be invested whilst in flexi-access drawdown?

We’ll use your selected retirement age and the same investment choice you made for your pension with The People’s Pension …

View full answer >>

Can I transfer my other pension savings into flexi-access drawdown with The People’s Pension?

You can transfer your other pension savings into The People’s Pension to be used for flexi-access drawdown if they are …

View full answer >>

How does flexi-access drawdown work with The People’s Pension?

In order to access your pension savings via flexi-access drawdown you must be 55 or over and have a minimum …

View full answer >>

What happens to the money in my flexi-access drawdown account if I die?

You can nominate someone to be considered to receive your pension savings if you die – called your ‘beneficiary’. If …

View full answer >>

How many lump sums can I take from my flexi-access drawdown account?

You can only take one withdrawal per tax month from your flexi-access drawdown account. No charges are currently applied for …

View full answer >>

What if I want to continue saving but have already set up a flexi-access drawdown account?

If you’re still going to be working after you start taking money from your pension pot, you might want to …

View full answer >>

How much money can I take at a time from my flexi-access drawdown account?

You must take a minimum of £2,000 each time you take a lump sum from your flexi-access drawdown account with …

View full answer >>

Do I need to designate my whole pension to flexi-access drawdown?

Some pension providers will allow you to move some of your pension to flexi-access drawdown. However, with The People’s Pension …

View full answer >>

What is flexi-access drawdown?

Flexi-access drawdown allows you to use your pension pot to provide flexible withdrawals. Using flexi-access drawdown you take 25% tax-free …

View full answer >>

How do I access my flexi-access drawdown account?

Once you’ve set up your flexi-access drawdown account, you’ll be able log in to your Online Account to check your …

View full answer >>
Page Options:

Flexi-access drawdown

Where will my pension savings be invested whilst in flexi-access drawdown?

We’ll use your selected retirement age and the same investment choice you made for your pension with The People’s Pension …

View full answer >>

Can I transfer my other pension savings into flexi-access drawdown with The People’s Pension?

You can transfer your other pension savings into The People’s Pension to be used for flexi-access drawdown if they are …

View full answer >>

How does flexi-access drawdown work with The People’s Pension?

In order to access your pension savings via flexi-access drawdown you must be 55 or over and have a minimum …

View full answer >>

What happens to the money in my flexi-access drawdown account if I die?

You can nominate someone to be considered to receive your pension savings if you die – called your ‘beneficiary’. If …

View full answer >>

How many lump sums can I take from my flexi-access drawdown account?

You can only take one withdrawal per tax month from your flexi-access drawdown account. No charges are currently applied for …

View full answer >>

What if I want to continue saving but have already set up a flexi-access drawdown account?

If you’re still going to be working after you start taking money from your pension pot, you might want to …

View full answer >>

How much money can I take at a time from my flexi-access drawdown account?

You must take a minimum of £2,000 each time you take a lump sum from your flexi-access drawdown account with …

View full answer >>

Do I need to designate my whole pension to flexi-access drawdown?

Some pension providers will allow you to move some of your pension to flexi-access drawdown. However, with The People’s Pension …

View full answer >>

What is flexi-access drawdown?

Flexi-access drawdown allows you to use your pension pot to provide flexible withdrawals. Using flexi-access drawdown you take 25% tax-free …

View full answer >>

How do I access my flexi-access drawdown account?

Once you’ve set up your flexi-access drawdown account, you’ll be able log in to your Online Account to check your …

View full answer >>
Back to Top ↑