Your financial adviser is the best person to speak to. They'll look at your tax position along with what you want and need in retirement, then tailor a plan that suits you.
It's important to think carefully about your financial options when you plan for retirement. An adviser can help you understand your options and recommend the best path for you. If you don't have a financial adviser you can use unbiased.co.uk to find one local to you.
Find an adviser (links to unbiased.co.uk)
Choosing a retirement option is a big decision so we recommend that you get guidance or advice to help you to understand your options.
Pension Wise is a government backed service available to anyone over the age of 50. The service is free and provides impartial guidance appointments over the telephone and/or face to face to help you to understand your options at retirement. It can offer you:
We recommend you visit the Pension Wise website at www.pensionwise.gov.uk to find out what the service offers and to begin to understand the options available to you. To book a telephone or face-to-face appointment you can visit the Pension Wise website or call 0800 138 3944 (UK callers) or +44 20 3733 3495 (if overseas).