All (189) Articles (176) Tools (4) Blogs (9) Filter by topics Clear all Pensions and retirement Family and care Benefits Work Blogs Getting help and advice Everyday money Money troubles Selected filters Page 5 of 19 Sort by Relevance Most recent Most popular 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 Do I have to pay back pension overpayments? If your pension provider has paid you too much, you’ll usually need to pay it back. Here’s what you need to know. Article Can I use my pension to pay off debt? If you owe money and are aged 55 or over, you might consider using your pension savings to clear debt. But you could end up paying more tax and having less money... Article 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... Article Tax-free pension lump sum allowances You can usually take up to 25% from each of your pensions as tax-free lump sums, provided the total is less than £268,275. We explain the lump sum allowance ... 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... Article How tax works on pension income Your pension is usually counted as part of your earnings, so you’ll pay tax on any income above your tax-free allowances. Here’s all you need to know, including... Article Defined benefit pension schemes: final salary and career average explained A defined benefit pension is a type of workplace pension scheme. The money you get when you retire is based on your salary and the number of years you’ve been... Article How tax relief boosts your pension contributions When you pay into your pension, the government usually adds a top-up payment called tax relief. This is the money you’d normally pay in Income Tax. Here’s what... 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... Previous 1 2 3 4 5 6 7 8 9 10 Next