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The Pension Drawdown Company is a Pension specialist. We provide advice on all aspects of pension planning, which can be divided into two parts. These can be described as Pension Saving and Pension Benefits.

Pension Saving covers the time when you are investing in your Pension plan(s) and building the maximum fund value that you can as this will increase the benefits that you will receive when you wish to take them.

Pension Benefits describes the period and method by which you access your pension plans to take your benefits, be that Tax-Free Cash or Income, or both, and they can be taken using several different routes.

We are pension specialists.

The Pension Drawdown Company is now a Chartered Financial Practice having met the standards and criteria of our governing body

GAD rate for May is 2.25%

The Retail Distribution Review comes into effect from 31 Dec 2012, bringing in a new era of transparency for customers

Trivial commutation (cashing in ) is now available for UK pensioners aged 60-75 with a pension value of £18,000 or less

Small pensions can now be taken as a lump, for values beneath £2000

The Silver Retail Price Index (SRPI) as calculated by UK charity, Age UK, has calculated that an average over 55 person has been experiencing higher inflation,

than official CPI, RPI figures. Retail energy costs as compared to 2011 are significantly higher. 15.8% for Gas, 8.1% electricity.

Low interest rates are expected to remain into 2015, with savers being the worst affected.  This means other forms of investment return really need to be considered

ISA investors will be able to save and invest up to £11,520 from April 2013

Updated: 7th May 2013

Global equity markets delivered positive returns over the week helped by encouraging employment data from the US. The US non-farm payrolls report indicated that a larger-than-expected 165,000 jobs were added over April, and the proportion of the labour force out of work fell to 7.5%, the lowest since December 2008.

As macroeconomic data continued to worsen in the eurozone, the European Central Bank (ECB) cut its main policy interest (refinancing) rate from 0.75% to 0.50% after 10 months on hold. The action helped drive the European equity market higher and markets were supported further by comments from ECB president, Mario Draghi, who stated that the central bank was exploring options of using its balance sheet to support additional lending for small and medium-sized enterprises.

Elsewhere, lingering concerns over global growth increased demand for German and US government bonds. In commodities markets, copper gained 3.5% over the week. Brent crude oil was more than a dollar higher on the week.

Important information: This update is intended to be for information purposes only.

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The Pension Drawdown Company offers a personal service that we believe is unique amongst IFAs and this is borne out by letters we receive from our clients, who come from all walks of life and include internationally renowned accountants, solicitors and other professionals, many of them based in the City and Central London. We have clients all over the UK from Cumbria to East Sussex and overseas clients living in France, Spain, Tenerife, Malta and the USA.

You should talk to The Pension Drawdown Company because:

• We have in depth knowledge of all types of pension plans
• We are specialists in Pension Drawdown
• We provide a unique personalised service
• We build lasting long-term relationships with our clients
• We have over 99% client retention rate
• We have advisers with the highest level of pension qualifications
• We are totally independent
• We proactively manage our clients' funds
• We research financial markets daily
• We do not charge for discussing and switching your funds