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Pension & retirement guides

You can maximise the potential of your pension and ensure you are well financed once you decide to call time on work. Assess your options with our guides, whether you are new to work or retiring soon.

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How does the State Pension work?

Not everyone gets a state pension in the UK, and payouts vary heavily from person to person, even for those who qualify. Here is how the state pension works, what it could pay you and when you can claim it.

Read more about how the State Pension works

What are defined contribution and defined benefit pensions?

Most people have either a defined contribution or a defined benefit pension, but do you know which is which and understand the difference between them? Here鈥檚 what you need to know.

Read more about defined contribution and benefit pensions
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How Is My Pension Taxed When You Retire?

Pension taxation seems complicated, but knowing the rules is crucial so you don鈥檛 overpay. This guide explains everything you need to know.

Find out more on how your pension is taxed
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What are pensions?

You can use a pension as an income during your retirement, but there are several types and many rely on how much money you put into them. Here is how they work.

Read about what pensions are

5 steps to finding an IFA you can trust

Finding the right independent financial adviser can help you get control of your cash and save money. Here's how to find an IFA you can trust.

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What is an annuity?

When you retire and get your hands on your pension, it is difficult to know how to use your money. Here is how an annuity can turn your pension funds into a guaranteed income for life.

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Is it ever too late to start a pension?

A pension can give you an income when you retire, but how much will depend on what you contribute during your working life. Here are your pension options, even if you start late.

Read more about starting a pension
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Can you transfer your pension?

You can move your pension but there could be unexpected costs for doing so. Here is how to transfer your pension and what you should think about before you do.

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The flat rate state pension: FAQ

Plans for the new flat rate state pension have now been set out. Here is what it means for you, whenever you are set to retire.

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The importance of writing a will and key considerations

If you haven't already recorded your last will and testament, do it now because you never know what tomorrow may bring.

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How to make a will

Life is unpredictable and anything can happen at anytime. This is why it's important to have a will in case the worst happens.

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Tracing your pension

Our pensions experts have curated a list of actions for anyone looking to take control of their miscellaneous pension pots.

Find out how to tracing your pension