How does flexi-access drawdown (FAD) work? | Eadon & Co

Pension drawdown, also known as ‘flexi-access drawdown’ (FAD), is a method of accessing your pension savings in retirement, which provides the flexibility to choose how and when you withdraw the funds in your pot. Here, we examine the key benefits and drawbacks of choosing this type of pension plan.

Note:
*The price and value of any investments and any income from them can fluctuate and may fall, so you may get back less than the amount you invested. Rules for Lifetime ISAs may differ. This information is for education purposes only - it does not constitute financial advice and should not be acted upon without taking professional advice.