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General

What happens when I reach retirement age?

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

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What’s a protected pension age?

A protected pension age was available for members who before 6 April 2006 had a right to take their pension …

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What are the new rules on accessing pension pots?

  New rules were introduced on 6 April 2015 which give pension scheme members more options on how they can …

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When can I claim my pension?

  You can normally take an income or lump sum out of your pension pot from age 55. This minimum …

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I’m in my 20s. Will I be able to take money from my pension pot at 55 or will this age limit rise?

  If you’re under 23 it will be 59, because the private pension age will be linked 10 years below …

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Can I change my selected retirement age?

  With The People’s Pension you can change your retirement age (from 55 onwards, or 57 from the year 2028) …

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Can I put my retirement date back?

  Yes, if you don’t want to take an income or lump sum from your pension pot – for example, …

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Can I delay accessing my pension pot?

  Yes, if you don’t want to take an income or lump sum from your pension pot – for example, …

View full answer >>

When should I access my benefits?

  We can’t provide you with advice on this matter. You can find further information on our website or you …

View full answer >>

Is there an age limit for accessing my pension pot?

  There’s no deadline by which you have to make a decision. You can leave your pension pot invested and …

View full answer >>
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General

What happens when I reach retirement age?

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

View full answer >>

What’s a protected pension age?

A protected pension age was available for members who before 6 April 2006 had a right to take their pension …

View full answer >>

What are the new rules on accessing pension pots?

  New rules were introduced on 6 April 2015 which give pension scheme members more options on how they can …

View full answer >>

When can I claim my pension?

  You can normally take an income or lump sum out of your pension pot from age 55. This minimum …

View full answer >>

I’m in my 20s. Will I be able to take money from my pension pot at 55 or will this age limit rise?

  If you’re under 23 it will be 59, because the private pension age will be linked 10 years below …

View full answer >>

Can I change my selected retirement age?

  With The People’s Pension you can change your retirement age (from 55 onwards, or 57 from the year 2028) …

View full answer >>

Can I put my retirement date back?

  Yes, if you don’t want to take an income or lump sum from your pension pot – for example, …

View full answer >>

Can I delay accessing my pension pot?

  Yes, if you don’t want to take an income or lump sum from your pension pot – for example, …

View full answer >>

When should I access my benefits?

  We can’t provide you with advice on this matter. You can find further information on our website or you …

View full answer >>

Is there an age limit for accessing my pension pot?

  There’s no deadline by which you have to make a decision. You can leave your pension pot invested and …

View full answer >>