f8699f61_on_cash_early____This_is_Money_S_OF_TAKING_YOUR_PENSION_EARLY_Advantages
[0] With-profits Annuity [Disadvantages] Annuity income can go down as well as up depending on future bonuses [Advantages] 
The longer the term of the annuity the greater potential to benefit from income growth to hedge against inflation
Should you take your pension cash early? | This is Money
Advantages