The purpose of this guide is to explain some of the particular aspects of investing within a drawdown arrangement.

Drawdown allows you to take control of your retirement income, giving you the flexibility to choose your own investments and strategy. The income level is not going to be secure nor will it be guaranteed. The investments you use to provide or generate this income are, in likelihood, going to be risky – at least to some extent – and could fall in value.

Great care needs to be taken in terms of which investments to use, the income level you choose, the strategy you pursue, and how this is managed on an ongoing basis.