Coming up to retirement
What does your perfect retirement look like? Whether you intend to stop working altogether or just slow down a bit, we have helpful articles, written by pension experts, to help you plan.
When you retire your main source of income is likely to be your pension. We explain what income you might have in retirement...
How to look after your pension savings
Understanding how your pension works and what it does can help you feel more confident about the way you’re saving for the...
Where does my pension go?
Find out how your pension contributions are invested into carefully chosen companies, property, bonds and cash after your...
How to boost your pension pot
It can be hard to save enough for retirement when you're buying a home and raising a family, but it’s never too late to give...
Five things to consider before opening a branch at the 'Bank of Mum and...
This guide highlights the pros and cons of lending adult children money, also known as 'the bank of Mum and Dad'
Financial planning Your money
Should I change my life insurance when I retire?
Life insurance gives you peace of mind that your loved ones will be provided for when you die. So, if you’re looking to...
Retirement options calculator
What options do you have for taking your pension? See what options are available and which is right for you.
Tell us a bit about yourself and we’ll give you an idea of what income you could get when you retire.
Our articles and guides will help you brush up on your financial knowledge about pensions, life insurance and more. Here you'll find lots of useful guidance and tips to help you understand your money better.
Using your pension
When it comes to accessing your pension savings you can:
- Take a cash lump sum
- Get flexible access to your savings
- Buy a secure income
- Leave your money invested until you decide to take it.
Whatever you decide to do, you can usually take up to 25% of your pension savings completely tax free.
Find the support you need
Find a financial adviser
Pension Wise (external site) is a government service from MoneyHelper that offers free, impartial pensions guidance.
Tell us how much income you're looking for when you retire, give us a few personal details and we'll let you know if you're on track.