Flexible retirement options

When the time comes, your clients can enjoy a symphony of retirement income options to suit their needs.

Our Defaqto 5 Star rated drawdown product, Income Release, is an integrated drawdown facility within our Pension Portfolio product. It provides one of the highest quality offerings in the market, with a range of tax-free cash and income options:

Income optionAvailable
Lump sum tax-free cash tick
Lump sum tax-free cash + regular income payments tick
Lump sum tax-free cash + one off income payments tick
Regular tax free cash tick
Regular tax-free cash + taxable income payments tick

Benefits of Income Release

  • Low starting amount – clients only need £15,000 of pension savings to start using Income Release. 
  • Income management facility Income Tap lets your clients invest the rest of their plan in a low risk fund while they take an income from their plan.
  • Flexible saving – clients can continue to save into their plan after taking any tax-free cash and/or income payments.
  • Value for money – we’ll only apply a charge to start using Income Release if a client’s plan has been with us for less than 12 months.
  • Fast payment – we aim to pay your client’s tax-free cash within 5 working days.
  • Leave money for loved ones – clients can leave their pension savings to their loved ones when they die.

Find out more

To find out more about Income Release, speak to your usual Royal London contact.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.