An annuity provides a guaranteed income for a specified period or for life in exchange for a lump sum from your pension pot. In contrast, drawdown allows you to withdraw funds as needed from your pension pot while keeping the remaining funds invested. Each option has its benefits and risks, and our advisors can help you choose the best fit for your situation.
Prosperity Financial Planning is a trading name of 2plan wealth management Ltd.
2plan wealth management Ltd is authorised and regulated by the Financial Conduct Authority. It is entered on the Financial Services Register (www.fca.org.uk) under reference 461598.
The guidance contained with this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
© Copyright 2026 | Prosperity Financial Planning | All Rights Reserved | Managed by Creativei Media | Approved by 2plan wealth management on 28/08/25
The Financial Ombudsman Service is available to mediate individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service please visit: http://www.financial-ombudsman.org.uk/contact/index.html
Prosperity Financial Planning is a trading name of 2plan wealth management Ltd.
2plan wealth management Ltd is authorised and regulated by the Financial Conduct Authority. It is entered on the Financial Services Register (www.fca.org.uk) under reference 461598.
The guidance contained with this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
© Copyright 2026 | Prosperity Financial Planning | All Rights Reserved | Managed by Creativei Media | Approved by 2plan wealth management on 28/08/25
The Financial Ombudsman Service is available to mediate individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service please visit: http://www.financial-ombudsman.org.uk/contact/index.html