Under current legislation, pension benefits can normally be taken after age 55.
Legislation no longer sets a maximum pension age, however the ability to utilise some options after the age of 75 should be taken into consideration. When you begin thinking about taking your pension income you have a variety of things to consider, such as:
- Do you require an income?
- If yes, what level of income?
- Guaranteed or variable income dependent on investments?
We are here to guide you through these questions, to advise you on your options and to arrange your retirement income.
Our advice process starts with an initial discussion with one of our qualified advisers in which we aim to fully understand your requirements and your existing policy benefits.
Your adviser will take you through our retirement questionnaire and then discuss your individual objectives. Once we have understood both your requirements and the nature of your existing plans we can start looking into a solution to meet your needs.
If a fee is chargeable for this work then this will be agreed with you in writing prior to any work being carried out.