It is now 3 years since the Government launched changes to pension regulations which they called “Pension Freedom”.
Essentially they made changes which gave more choices as to how you can use your pension savings when you reach pensionable age. It is worth knowing your options if you are 55 or older or approaching age 55. We can use our experience and expertise to help if you have questions.
The choices we examine here primarily relate to personal pensions, also called “Money Purchase” and “Defined Contribution” pensions. If you have a Final Salary Pension (also known as a Defined Benefit Plan), you will need to seek advice from your pension provider as the rules are often different from scheme to scheme.
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