Find out how to access your pension savings as you approach retirement. Click below to learn more about each option.
Start Exploring Your Retirement Options
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🟩 Tax-Free Lump Sum
Take up to 25% of your pension as tax-free cash. Use it for large expenses, paying off debts, or simply creating a financial buffer.
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🟩 Flexible Income (Drawdown)
Draw income as and when you need it, while keeping your pension invested. Offers flexibility but also carries investment risk that needs careful management.
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🟩 Guaranteed Income (Annuity)
Leave your pension invested if you don’t need income yet. Allows for continued growth, but requires ongoing reviews to manage market risk.
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🟩 Leave Pension Fully Invested
Leave your pension invested if you don’t need income yet. Allows for continued growth, but requires ongoing reviews to manage market risk.
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🟩 Cash In Entirely
Withdraw your full pension as a lump sum. Gives immediate access but may trigger significant tax charges and affect future income security.
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🟩 Blend Multiple Options
Mix different pension strategies — combining lump sums, drawdown, annuities, and investments to create a personalised retirement plan.
How We help you plan ahead:
Review all your existing pensions (including old workplace schemes)
We’ll review all your existing pensions, including old workplace schemes, to ensure nothing gets missed.
Identify any gaps early
Spot any shortfalls early, so we can make adjustments while there’s time to correct course.
Check your investment risk level
Make sure you’re taking the right level of investment risk for your circumstances and retirement timeframe.
Make tax-efficient contributions where possible
Make full use of your tax allowances and contribution opportunities to grow your pension efficiently.
Ensure your funds match your long-term goals
Ensure your pension funds match your personal goals, timeline, and financial objectives.
Track your progress regularly
Review your pension regularly to keep everything aligned as markets — and your life — evolve.