I want to transfer my pension into a drawdown: Will there be high fees and is an annuity better? - This is Money

I am trying to weigh up buying an annuity, or using drawdown. Do drawdown pensions have higher management costs? And should this put me off?

I have a pension and I want to eventually transfer this into a drawdown arrangement. As a general rule, do drawdown pensions have higher management costs? At the moment my scheme has a management co… [+6825 chars]

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