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Article

Take money from your pension when you need it: pension drawdown explained

If you have a defined contribution pension, one way to take your money is to use flexi-access drawdown. This lets you withdraw some tax-free cash and leave the...
Article

Take your pension as a guaranteed income: annuities explained

If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to convert some or all of your pension into...
Article

What to do about someone’s pension when they’ve died

When someone dies, their pension will usually pass to the people they nominated or pay an income to their dependants. If you’re able to, it’s best to let the...
Article

The Pension Protection Fund

If you have a defined benefit pension and your company goes out of business, the Pension Protection Fund (PPF) will step in to find a new provider or pay you...
Article

How pension auto-enrolment works

If you have a job, your employer will usually offer you a workplace pension. This lets you and your employer save money to give you an income when you retire....
Article

What to do with your pension if you’re made redundant

If you’re made redundant, your workplace pension savings are still safe. You can either leave your pension where it is or transfer it to a new provider. Here’s...
Article

Pension scheme fees and charges explained

Most defined contribution pension schemes charge fees to invest and manage your money. You usually won’t pay any charges if you have a defined benefit pension....
Article

Ill-health retirement: how to take your pension early

If you’re under 55 and need to retire due to poor health, a terminal illness or a disability, check if you can take your pension early. Here’s what you need ...
Article

The annual allowance for tax relief on pension savings

Each tax year, you can usually get tax relief on your pension contributions up to 100% of your earnings or £60,000 – whichever is lower. Here’s what you need...
Article

Take your pension as multiple lump sums

If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to leave the money invested and take cash lump...

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Article

Take money from your pension when you need it: pension drawdown explained

Article

Take your pension as a guaranteed income: annuities explained

Article

What to do about someone’s pension when they’ve died

Article

The Pension Protection Fund

Article

How pension auto-enrolment works

Article

What to do with your pension if you’re made redundant

Article

Pension scheme fees and charges explained

Article

Ill-health retirement: how to take your pension early

Article

The annual allowance for tax relief on pension savings

Article

Take your pension as multiple lump sums

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