Claiming your pension pot

What happens when I reach retirement age?

We’ll write to you 6 months before you reach your selected retirement age. Our pack will explain what options you …

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When can I take my pension?

Under HM Revenue & Customs (HMRC) rules, pension savings cannot normally be taken until the age of 55 (rising to …

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Can I continue to work after accessing my pension?

You may think that retirement is simply stopping work at 65 and taking your pension. Not at all. You don’t …

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Will taking my pension affect my State Pension?

Your State Pension is based on your National Insurance contribution history and is separate from any of your private pensions. …

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Do I pay income tax when I’m retired?

If your income in retirement (whether it’s paid from a pension, a part-time job or your investments) is above the …

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What documents do you need to prove my bank account?

Anti-money laundering requirements mean that we require evidence of your bank account which could be either a copy of a …

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How long can you accept my claim form for?

We can accept claim forms that are dated within the last 6 months. If forms have been dated over 6 …

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I’m moving overseas – how do I take my pension?

We can’t pay pensions into an overseas bank account – we’ll need to make any payment to you into a …

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I live abroad – what are the tax implications of claiming my pension?

You may have to pay UK tax on your pension. You may also have to pay tax in the country where …

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How long will it take to receive my pension money?

Once you’ve let us know you want to take your savings by submitting the relevant forms (either online or by …

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