Choosing the right retirement income isn’t a ‘one-size-fits-all’ approach. Some retirees seek guaranteed income, while others value flexibility to adapt their spending over time.
Before 2015, annuities were the main option, offering lifetime payments and sometimes inflation protection. Since pension freedoms, flexible drawdown has given more control, though without guarantees.
Many now consider a blend of both approaches, securing essential income while keeping some flexibility for later years. Personal circumstances, health, and goals all play a role in shaping retirement income strategies.
Read the full Q&A in The Scotsman here.
Editor’s Notes
Published in Scotsman Money 27th September 2025
The information provided is the opinion of David Gow, Director and Certified Financial Planner and should not be considered advice.
Acumen Financial Planning Ltd is authorised and regulated by the FCA, FRN 218745.