To find your local pension expert:
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You need advice by law before you can take money from your pension
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Your money stays invested for you to access as and when you need it
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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
Ashton-under-Lyne