To find your local pension expert:
You need advice by law before you can take money from your pension
Your money stays invested for you to access as and when you need it
From age 55 you can withdraw your money taking up to 25% tax free
Accessing your Pension Savings
Retiring or simply want to get hold of the money in your pension? You have a few options. But to know which one is right for you, you'll need to speak with a pension expert.
For most people, it's a legal requirement to speak with an expert before you can take any money. Taking professional financial advice not only grows but also protects your retirement income.
A Flexible Income in Retirement
The most flexible way to access your savings is through drawdown. It allows you to take what you need whenever you want it.
The first 25% that you take from your pension pot is completely tax-free, and the rest of your fund stays invested. So unlike an annuity, anything left in the fund can be inherited by your loved ones.
Better Than a Calculator
With so many factors that go into calculating a retirement income (such as pension value, personal retirement plans, and attitude to investment risk), online calculators are entirely inaccurate.
Complete our simple form to connect with a pension drawdown adviser and they’ll help you calculate the best possible income for your retirement.
"Pension Drawdown proved to be a more flexible pension option that gave me better access to my pension fund."Maureen Knowles