Hi all,
A question to all those early retirees: which draw-down providers are you using and what does it cost?
I think monevator stated that you could expect to pay 0.5% to your drawdown provider. Has anyone found anything much below this?
I'm currently spoilt, I work for a bank and they manage the pension themselves so they absorb the fees for you.
Paying 0.5% seems a lot, assuming a pension of 800k, you'd be paying 4k in fees - are there any providers that have a cap?
