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Accessing Your Pension – What Are Your Options?

Some choices are hard to undo, so check your options first.

Enter your postcode for a FREE, no-obligation consultation with a local pension expert.

FCAAll advisers regulated by the Financial Conduct Authority
Your privacy is very important to us and your data is confidential and secure
Thousands matched with FCA regulated pension advisers

Things to know before you take money out

Why people access their pension

What to check before you take money out

1. Some of it can usually be tax-freeUsually up to 25%, within an overall limit.
1. How much tax will you pay?Anything above your tax-free cash is added to your income for that year.
2. It can help with big plansSuch as clearing debts, home improvements or helping family.
2. Will it leave enough for later?Money taken now won't be there to provide an income in retirement.
3. You can choose how to take itA lump sum, a regular income, or a mix.
3. Could it affect benefits or future saving?Withdrawals can affect means-tested benefits, and may limit future pension saving.

Most people can access their pension from age 55, rising to 57 from April 2028.

Everyone's situation is different. Talk it through with a pension expert, free and with no obligation.

How it works

1
Enter your postcode above. We take your privacy seriously, and we'll match you with a local pension expert.
2
Tell us what you'd like help with: taking money from your pension, plus anything else on your mind, like tax-free cash, drawdown or annuities.
3
A local expert will be in touch to arrange your free, no-obligation consultation at a time that suits you.

Why use an FCA regulated pension adviser?

  • Free consultation with no obligation
  • Must act in your best interests
  • No hidden fees
  • Saves you time and effort

"I was considering taking a lump sum but wanted to understand how much I would actually receive after tax."

— J. Singh

"I needed to weigh up taking money now against leaving more invested for later. Understanding the alternatives helped clarify the decision."

— A. Tate

"I wanted to know how pension withdrawals would interact with my other income and whether taking everything at once was necessary."

— S. Upton