Following pension reforms in April 2015, a new FREE Government service was set up to help people make sense of their pension options, and empower them to make the right choices.
If you are approaching retirement you have greater freedom over how you can use your pension pots. You can take up to 25% tax free, take out an annuity, set up a flexi access drawdown or take your pension in chunks or a mixture of them.
A Pension Wise appointment may help you if:
- You are aged 50 or over
- Have a defined contribution pension
- And are not already drawing your pensions
Bournemouth Citizens Advice and their team of 7 are delivering Pension Wise appointments across Dorset and the Isle of Wight, giving people access to free and impartial pension guidance in their local areas.
We offer face to face Pension Wise guidance sessions which can be booked through your local Citizens Advice or by calling the Pension Wise free number on 0800 138 8292. The 45 minute appointments are tailored to you, taking into account the value of your pension and your plans for retirement.
We look forward to hearing from you and hope you take advantage of this very useful service and the free guidance we offer.