It’s possible to have both a workplace pension and your own personal pension, so you could decide to continue paying into both. Or you may choose to continue paying into just one of them. The decision you take would depend on your circumstances – for example, what you can afford and what your personal and workplace pension schemes are offering.

With your workplace pension, you’ll receive a contribution from your employer that you won’t necessarily get with your own personal pension. However, your own personal pension may contain valuable guarantees on your future income. If you’re unsure what to do, please contact your financial adviser.