product-pension

How can I access my money?

Under the current rules, you can take a tax-free lump sum of up to 25% of the total value of your Under the current rules you can usually take the lower of up to 25% of the total value of your pension plan or £268,275 as a tax-free lump sum. Some people may be eligible to receive a higher amount of tax free cash.

You could buy an annuity which provides you with a guaranteed income for the rest of your life.

You could choose to keep your pension fund invested and draw an income directly from your pension - this is called a drawdown arrangement.