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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...
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Topic
Pensions explained
Use our guides and tools to learn how a pension can help you save for retirement. We explain what you need to know, including:
- what a pension...
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Article
Types of pension in the UK and how they work
There are different types of pension in the UK, including the State Pension, defined contribution, defined benefit, hybrid and cash balance schemes. We explain...
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How to combine your defined benefit pensions
If you have multiple defined benefit pension schemes, you could consider combining them. Here’s what you need to know about consolidation, including how to check...
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What happens to my pension when I die?
Your pension money can usually be paid to someone else when you die, depending on the type of pension you have. Here’s what you need to know about pension death...
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Article
A beginner’s guide to investing
If your savings goal is more than five years away, putting some of your cash into investments might make your money go further and help you keep up with rising...
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Tool
Free pension calculator – estimate your retirement income
Our Pension calculator can:
- estimate how much pension income you'll get when you'd like to retire, including from the State Pension, workplace...
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Article
How to transfer out of a defined benefit pension
If you have a defined benefit pension, you’re usually better off leaving it where it is – even if your employer has offered you an incentive to move it to a ...
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How much money do I need for my retirement?
Find out how much money you're likely to need for a comfortable retirement and how much you’re currently on track to get.
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Article
Increase your State Pension with voluntary National Insurance contributions
You usually need 35 qualifying years of National Insurance (NI) contributions to get the full State Pension. If you do not have enough, you can pay to fill gaps...
