Pensions Wise - a new guidance service
The rules for taking personal pensions have changed - from 6 April you are able to access and use your pension pot in any way you want if you're aged 55 or over. Pension Wise is a free and impartial service to help you understand what your pension options are from April.
Visit www.pensionwise.gov.uk for lots of information and guidance about your pension options and their implications.
Booking an appointment with a pensions guidance specialist
You can book a free appointment with a pensions guidance specialist who will talk through your pension options with you. Appointments will either be over the phone with The Pensions Advisory Service or face to face with pensions guidance specialists at a Citizens Advice Bureau.
You can book an appointment if:
• you have a 'defined contribution pension pot'
• you're very close to retirement age (i.e. 54 and 6 months or older).
A 'defined contribution pension' is built up over time through regular payments by you and/or your employer.
To book an appointment please visit the Pension Wise website.