The top 4 most important drawdown pension features to help you retire successfully

4Forty4 S1Ep8

Welcome to the channel. I'm Huw - a retirement specialist and money coach at Proposito Financial Planning based in the heart of the Cotswolds. On this channel we explore the tools, strategies and money habits that can help us maximise our LifeForce - our TIME, ENERGY & ABILITY - so we can live a life with more meaning and more happiness.

In this 4Forty4 Huw compares Flexi-access drawdown (FAD) and uncrystallised funds pension lump sum (UFPLS) when looking to drawdown money from a pension.

00:00 - Intro
2:40 - UFPLS is less flexible
3:43 - UFPLS reduces the annual allowance
4:27 - UFPLS is less effort to administer
5:08 - UFPLS can have a slightly higher lifetime allowance

Huw is a chartered financial planner and certified financial planner.

Risk Warnings
Proposito Financial Planning is authorised and regulated by the Financial Conduct Authority. The value of investments can fall as well as rise. You may not get back the amount originally invested. Capital at risk. Past performance is not a guide to future returns.

This video does not constitute financial advice.

[robertmarsh]

Interesting. Would love to understand the 2 x crystallization events associated with UFPLS. This method may be relevant to me as approaching LTA amount (notwithstanding changes recently announced, which may or may not be reversed).

[stevegeek]

I have taken early retirement at 55 and plan to take £16k per year from my pension via UFPLS tax free, by combining my personal allowance & 25% tax free cash. This way I will keep more of the 25% tax free portion to use later when I claim state pension, thus reducing my overall tax liability.

[nickfifield]

Pls create a video comparing pros, cons, and likely costs of drawdown vs ufpls.