If you are over the age of 55, you could access some or all, of your pension to use as you wish.
The value of investments and pensions, and the income they produce, can both fall and rise. You may get back less than you invested.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Today, people have more choice than ever when drawing benefits from their pension arrangements. If you are over the age of 55, you could access some, or all, of your pension to use as you wish.
You could take some of your pension as a lump sum, look to buy an annuity with your money, or you can use the new flexible-access drawdown arrangements available as a result of the Freedom of Pensions Act.
Undoubtedly, you have worked hard to save for your retirement, so if you are approaching retirement or want to access your existing pension arrangements, it is important that you make the right choice for you.
We’ll explain the options available to you in a friendly, jargon-free manner, so that you can understand and make the right choice for you. And remember, as Chartered Financial Planners, you can always be sure we’re providing you the best possible advice.
As Chartered Financial Planners, our aim is to always put you in the best possible financial position to secure your future.
The value of investments and pensions, and the income they produce, can both fall and rise. You may get back less than you invested.
