Introduction
There are different ways of taking pension benefits - and variations on those options and added flexibility means that, on the one hand, it is possible to tailor the benefits from your pension to your own requirements but on the other, the decision on which route is best for you may well be difficult and complicated.
In the past the vast majority of people took retirement benefits from their pension to coincide with when they actually physically stopped work or self-employment. Now it is possible to take your pension benefits from any age from 55 onwards and you do not need to stop working before you start taking money out of your pension.
There are two main ways of taking money out of your pension, to find out more click :
Please note the above are not the only ways to take your retirement benefits, which is why we urge you to carefully assess, with a Financial Advisor, all of your available options.