To make the most of a Pension Wise appointment, it’s best to first check with your provider:
- if you have a defined contribution pension
- the value of your pension pot(s)
- whether your pot contains any guarantees or special features.
Check your pension statement or ask your scheme or provider for an up-to-date valuation. If you have more than one pension pot, remember to gather information on all your pots together.
If you’ve lost track of any pensions, you can use the Pension Tracing Service, which is a free government-backed service. Their contact details are on the GOV.UK website
For an estimate of how much State Pension you might get, go to the GOV.UK website
Before your appointment, think about your financial circumstances as a whole. Such as your current salary or income, your likely living costs in retirement, and any relevant savings or debts.
It’s also worth starting to think about how you want to use your money when you retire. Do you just need small sums or would prefer a regular income?