Accessing your money
My partner has died, when will I receive his/her death benefits?
We can’t put a timescale on processing death claims as each claim is viewed on an individual basis. This depends …
Where can I find a beneficiary form?
You can download a beneficiary form. You’ll need to fill it in and send to: Freepost THE PEOPLES PENSION Manor …
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 …
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 …
Can I cash in my pension pot?
Yes, your normal minimum pension age, you can take your whole pension pot and use it however you want. However …
Where does my pension go if I die before I retire?
You can make sure your loved ones and/or a favourite charity receives your retirement savings if you die before you …
How much tax will I pay on my pension?
If you choose to withdraw some or all of your pension fund as a lump sum, the first 25% will …
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, if …
Can I change my selected retirement age?
With The People’s Pension you can change your selected retirement age as long as it is your normal minimum pension …
When can I take my pension?
Under HM Revenue & Customs (HMRC) rules, pension savings cannot normally be taken until your normal minimum pension age. If …