Investment Pathways Aviva Contact us to check your pension or speak to our retirement experts about your retirement options and applying for pension drawdown. find the right contact number for your pension. From age 75, only income drawdown funds can be held in your plan. you’ll need to move any accumulation funds to drawdown, transfer to another pension that allows the funds to remain in an accumulation pot, or choose another retirement option, before your 75th birthday.
Investment Pathways Aviva Income drawdown through our pension portfolio gives you options that work for your clients whether they require light touch tax planning or a more hands on approach. One of the options for taking your pension is to leave some of the money invested and take part of it as income. this is called income drawdown or income withdrawal. this page explains how income drawdown works, who it's suitable for and how you can decide whether it's the right choice for you. Aviva is launching a new phased drawdown option on its wrap and sipp platform that will offer customers one of the most flexible, tax efficient methods of taking a retirement income. You can take money from your pension as and when you need to through income drawdown. it allows you to receive the tax free part of your pension (usually 25% of your total) as either a single lump sum or in instalments, and to take the taxable part at a later date if you wish.
Investment Pathways Aviva Aviva is launching a new phased drawdown option on its wrap and sipp platform that will offer customers one of the most flexible, tax efficient methods of taking a retirement income. You can take money from your pension as and when you need to through income drawdown. it allows you to receive the tax free part of your pension (usually 25% of your total) as either a single lump sum or in instalments, and to take the taxable part at a later date if you wish. You’ll be able to take a tax free lump sum of up to 25% from your pension pot before investing the remainder into income drawdown with income tax paid on each income payment. If you’re 55 or over, choosing income drawdown with aviva gives you the freedom to use your pension money in a way that suits you. how much and how often you withdraw from your pot is up completely up to you. you can keep your pension invested your way, or choose one of our investment pathways. Flexi access drawdown: you can withdraw up to 25% of your pension fund without paying any tax. other withdrawals from your remaining fund, for example, to set up a regular income, will be treated as income and taxed accordingly. For pension transfers where the client is going straight into drawdown, this is a simple one stage process, meaning we’re able to make clients’ tax free lump sum payments without delay.
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