Pensions guides

Pension Payout Calculator

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.

Pension calculator

Our pension calculator tells you how much your retirement fund will be worth when you stop working, what annual income you will get, and how long it will last.

Pension Drawdown Calculator

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.

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’s what you need to know.

How Is My Pension Taxed When You Retire?

Pension taxation seems complicated, but knowing the rules is crucial so you don’t overpay. This guide explains everything you need to know.

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.

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.

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.

What are employer's pensions?

If you work for someone you could be savings towards your retirement through an employer's pension. Here is what they are and how they work.

More people are pulling money from their pensions - and it could be an expensive mistake

The rules of drawing money from your pension have changed in the past few years - but it’s not clear people fully understand them yet.

How to choose an annuity

If you want your pension fund to pay you a regular income when you retire then an annuity could be for you. Here is how each type of annuity works and what options you have.

Which of your employees qualify for a workplace pension?

Before your staging date you need to work out which of your workers qualify for enrolment in a workplace pension. Here is how to approach each type of worker in your business.

What does auto enrolment mean for your business?

All employers are legally required to enrol eligible employees into their workplace pension scheme automatically - here is what this could mean for your business.

How new pension and annuity rules affect you

Here is where you can find the latest pension and annuity changes in the UK and how they will affect your retirement.

What is pension auto enrolment?

The law has changed and your employer must offer you a workplace pension to save for your future, here is how it will work.

How to manage auto enrolment after your staging date

Once your workplace pension scheme is up and running the work does not stop there. Here is how to manage your pension after your staging date has passed.

Tracing your pension

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

Coronavirus: Getting your retirement savings back on track

COVID-19 has created some turmoil in global financial markets, hitting many people’s pension pots. Here are some tips to help you work out what to do about your pension in these circumstances.