If you have any final salary scheme benefits it is usually better to take a pension from that scheme.
You have more choice than ever before in respect of any money purchase benefits. It makes sense to get guidance or advice about a decision which will affect your income for the rest of your life. There are three main options for your defined contribution or money purchase benefits.
Cash Lump Sum(s)
Secure Income for Life
You have more options on what you can do with your pension savings. We recommend you get guidance or advice to help you with this decision. Pension Wise is a new service from the Government that will offer free and impartial guidance
The information on this page is provided in good faith but is not legal or financial advice or binding on the Trustee. The trust deed and rules will override in the event of any inconsistency.
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Pensions made easy, how to choose the right pension for you today!
Information about your pension for existing members
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