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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

What is capped drawdown?

Capped drawdown lets you take a certain amount of income from your pension while it stays invested, without limiting how much tax relief you can get on future...
Article

Phased or partial pension drawdown explained

Pension drawdown lets you take money from your pension while leaving it invested, including the option to take a tax-free lump sum. Rather than moving all your...
Article

Should I transfer or combine my pensions?

Transferring your pension might mean you get lower fees, different withdrawal options and let you bring your different schemes together. But you risk losing ...
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

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

What happens to my pension if I leave a job or opt out?

If you opt out or stop paying into a pension, any money you’ve built up remains yours. You can usually choose to leave it where it is or transfer it to a new...
Article

Ways to close the gender pensions gap

On average, women have around half as much saved in a pension as men by age 60. Here are steps you can take to help close the gender pensions gap.
Article

When can I take money from my pension?

The earliest you can take money from your private pension is usually age 55 (57 from April 2028), but it’s normally designed to pay out around age 65 or older....
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

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

Article

What is capped drawdown?

Article

Phased or partial pension drawdown explained

Article

Should I transfer or combine my pensions?

Article

Defined benefit pension schemes: final salary and career average explained

Article

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

Article

What happens to my pension if I leave a job or opt out?

Article

Ways to close the gender pensions gap

Article

When can I take money from my pension?

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Pensions explained

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