Freedom and choice in pensions – Time to review your pension?

With so much change occurring, you may be confused as to what the best course of action is or what your next step should be. Generally speaking, we only retire once in our lives and so a well thought out plan is crucial.

Understanding you, your financial position, your goals and priorities is the first step to knowing where you want to be.

It is worth looking at what you currently have in place to identify if it still meets with your needs and address any gaps.

• Do your current pension arrangements allow you access to the new retirement options being introduced in April?
• What is the level of state pension you will receive?
• When does it first become payable?

Some people are surprised at the difference between what they will receive and what they thought they may receive. There are options and other things to consider so if you would like to review your arrangements please speak to one of our Financial Planning Consultants at one of our 15 locations.