60 in May. Will go the ARF route. Not huge amount in pension 300k. Without going into detail I am retired now and will get state pension in due course. I will take my 25% tax free lump sum and I am considering drawing down around 23k from the pension each year as this will only be taxed at 20% lower rate. At that rate I would exhaust the pension in around 10 yrs. Age 70. I would have other funds seperate to my pension to carry on until the grave when pension exhausted. Just to mention I put all monies within a cash fund about 18 months back . What do people think about such a strategy? Also if you agree with such a plan would you keep it in cash within the ARF.