Can you explain what options I have when I retire?

With more choice than ever before, we understand that choosing the right retirement option for you can be daunting and we strongly recommend you get guidance or advice to help with your decision.

Pension Wise is a free and impartial government service which can give you guidance to help you understand your options at retirement. The service is available via the internet, telephone or face to face. You can contact them at pensionwise.gov.uk(Opens new window) or on 0800 138 3944.

We're here to help too. We've created Your Retirement Planner(Opens new window) which has information and tools to explain and let you explore your options in an easy to understand way.  You can also find the forms you need in the 'Make it happen' section. This isn't a financial advice service and we recommend you seek guidance or advice to help you understand your options at retirement. If you don't have a financial adviser, visit unbiased.co.uk(Opens new window)(Opens new window)(Opens new window)

Shopping around

It's important you shop around to get the best deal for you. Depending on your age and personal circumstances, another provider may be better suited to your needs and you may get a higher retirement income.