Standard Life: Drawdown reviews

Name: Drawdown
Rating: 2.33 (3 reviews)

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2.33

Based on 3 reviews, last reviewed 15th Feb 2023

No new 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

33%

4 star

3 star

2 star

67%

Latest highest rating:

5

Good produce, Easy to deal with Good produce, Easy to deal with, They always respond quickly when I need them to Reviewed on: 17th February 2021

Latest lowest rating:

1

Absolutely appaling service Standard life are now expecting you to wait 20 days plus to withdraw your pension. Giving that 13 months ago you could expect to receive within 2 to ... Read more Reviewed on: 15th February 2023

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About the Drawdown

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Standard Life Drawdown reviews (3)

Absolutely appaling service

Standard life are now expecting you to wait 20 days plus to withdraw your pension. Giving that 13 months ago you could expect to receive within 2 to 8 days. Clearly their staff are working from home -very rude staff at that. Shame on you standard life you clearly need to be rate worthy pension company ever. I will be moving mine ASAP. Reviewed on: 15th February 2023

Didn't even want to give them one star

Didn't even want to give them one star! Just had a conversation with Standard Life about Equity Release as my husband and myself would like to release equity in our home so we can enjoy it. Whilst we fitted the criteria of this, we were told that we couldn't invest the money into our existing pension pot so we would receive interest on the lump sum to benefit us and so that we could draw down on the sum twice a year like we do now. We were told that we could only put it into a bank account!! What right minded person would put a couple of hundred thousand into their current account with little or no interest. When speaking to their adviser, I was told that I seemed very astute about financial matters and then to be told my husband and myself could not use the money as we wanted was not only insulting but left me astounded at their advice. Reviewed on: 18th May 2022

Good produce, Easy to deal with

Good produce, Easy to deal with, They always respond quickly when I need them to Reviewed on: 17th February 2021

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