Pensions guides

Whether you are setting up your first ever pension or are looking to get the most out of your retirement, we have a range of guides that will cover everything you need to know on pensions.

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 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.

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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.

How does the State Pension work?

The State Pension is not the same for everyone, and understanding how much you get can be confusing. Here is how the State Pension works and what it could pay you.

How is your pension taxed?

When you retire you could end up paying tax on any money you withdraw from your pension. Here is how tax will affect your pension.

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.

How to withdraw your pension

Here is how to find out what age you can withdraw from each type of pension and what you need to do to claim them.

How to invest in a SIPP

Self Invested Personal Pensions (SIPP) let you plan for your retirement without the need for a workplace pension. Here is how they work and what you should look out for.

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.

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.

How to set up your workplace pension

If you do not have a workplace pension in place for your employees by your staging date you could face a hefty fine. Here is how to set up a pension suitable for your entire workforce.

What does auto enrolment mean for your business?

You are now legally required to automatically provide eligible employees with a workplace pension scheme, here is what it will mean for your business.

How to choose the right pension scheme for your business

Choosing the right pension scheme for your business can help make your employees feel valued and financially secure. Here is how to pick a business pension scheme.

What are defined contribution and defined benefit pensions?

You could have at least one of two types of pension, but both fund your retirement in different ways. Here is how a defined contribution and defined benefit pension works.

How to manage your pension fund

After you begin paying into your pension fund there are still things you can do to help it grow. Here is how to manage your pension and what you should do with it when you retire.

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 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.

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.

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.

NEST pensions - your questions answered

Here is what you need to know about the NEST pension scheme and how it could help you save for your retirement.

Should I get a pension?

Making sure you plan for retirement is essential, but how do you know if a pension is really worthwhile? We investigate the pros and cons of a traditional pension as well as some alternative ways to save for retirement.

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.