New flexibilities have been introduced over the way people take their pensions. Pension Wise is a free service which helps you understand your new pension options.
The pension rules changed on the 6 April 2015. New flexibilities have now been introduced over the way people take their pensions.
Pension Wise is a free and impartial service, run through Citizens Advice, which helps you understand your new pension options.
If you are 55 years or over and have a defined contribution pension plan then you now have the freedom to decide how to use the money at retirement.
You can book a free Pension Wise guidance appointment with a trained guidance specialist at Leeds Citizens Advice Bureau. They will talk you through the options and explain what they mean for your circumstances.
Pension Wise won’t recommend any products or tell you what to do with your money.
If you think this might apply to you or those you work with and support, please phone Pension Wise Leeds direct on 0113 281 6738 for further information or to book a free face to face guidance session.
Alternatively, for more information please visit http://www.gov.uk/pensionwise or http://www.leedscab.org.uk/ .