Pensions

Unfortunately, not at the moment. We are only able to provide a pension for those saving for retirement. You may be better speaking to a financial adviser.

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.

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.  

The earliest you can withdraw any money from your pension is age 55 and there are proposals currently being considered to increase this to age 57 from April 2028. Please bear this in mind before investing in a pension.

You may be able to claim more tax relief through your self-assessment return or an adjustment to your tax code.

Yes. You may find it easier to manage all your pensions if they are in one place. However, if you are a member of a defined benefit (final salary) pension scheme, we recommend speaking to a financial adviser before proceeding.