How to access your pension

The way you choose to access your pension can have a big impact on the amount of money you have to live on in later life. So which option is right for you? Which? Money Editor Jenny Ross & Tom Selby, Director of Public Policy at AJ Bell explain how annuities and pension drawdown work, including the pros and cons of each method for turning your savings into a retirement income. Read our reviews of drawdown providers & sign up to our free weekly Money newsletter Find out the best annuity rates on the market right now Get 50% off a Which? membership This episode was originally released in December 2024

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This episode was published on May 15, 2025.

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