Defined Contribution pension savers in the UK have more choice than ever before as to how and when they take their pension benefits.

Watch our video below for more information.

As long as you have reached minimum pension age you can:

The new freedoms mean you can:

  • Still buy an annuity, but you don’t have to
  • Take your entire pension as cash – but watch out – you might get a hefty tax bill
  • Draw money straight from your pension when you need to
  • Or you can do a bit of everything!