Claiming your pension pot

I want to take my pension savings, but I don’t need financial advice, can I do this?

Yes, you don’t have to take financial advice before you take your savings – it’s entirely your choice. However, we …

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Do I need to let any other pension schemes know that I’ve flexibly accessed my pension pot?

Yes. Within 91 days of receiving notification from us, you must tell the scheme administrator of any other pension scheme …

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How can I take my pension?

The earliest you can normally access your pension pot (if you’re not in ill health) is from your normal minimum …

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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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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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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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Can I access my pension pot early?

Normally you can only access your pension before your normal minimum pension age if you’re in ill health. Find out …

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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 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?

Whether you’re moving abroad temporarily or permanently, you’ll still need to be old enough under UK pension rules to access …

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