Pension Wise – Only ever use the Gov.uk Website

[Amethyst]

Pensions are changing

From 6 April 2015 you'll have more freedom over how you take money from your pension pot.
These changes affect you if:

• you're 55 or over, and
• have a pension based on how much has been paid into your pot (a defined contribution pension).

Help with understanding your pension type




Pension Wise – Only ever use the Gov.uk Website

• Talk to a guidance specialist
• Who the service is for

A free and impartial government service that helps you understand your new pension options.
Find out what you can do with your pension pot, how to shop around and what to look out for with taxes and fees.
We explain how to avoid pension scams and the importance of taking your time to make sure your money lasts as long as you do.

6 steps you need to take

These steps can help you understand how to turn your pension pot into income for your retirement.

• Check the value of your pension pot
• Understand what you can do with your pension pot
• Plan how long your money needs to last

• Work out how much money you’ll have in retirement
• Watch out for tax
• Shop around for the best deal

Start now

---

Pension Wise won’t recommend any products or tell you what to do with your money.

---

Pension Wise guides

Your pension pot

• Know your pension type
• Check the value of your pension pot
• Pensions and divorce

Your options

• What you can do with your pension pot
• How to shop around for the best deal
• Living abroad and your pension

Your money in retirement

• Plan how long your money needs to last
• Work out how much money you’ll have in retirement
• If you’re on benefits

Tax

• Tax you pay on your pension

Scams

• How to avoid a pension scam

Complaints

• How to complain about a pension
• Complain about Pension Wise

---