Central and East Northamptonshire CAB is now giving people access to free and impartial pension guidance in their local area.
Following pension reforms on April 6, people approaching retirement have greater freedom over how they can use their pension pots. People will be able to take a lump sum, take out an annuity or a mixture of both. Pension Wise is a new Government service designed to help people make sense of their pension options, and empower them to make the right choices for them.
Guidance sessions are available to book now. The 45 minute appointments will be tailored to the individual, taking into account the value of their pension and their plans for retirement.
A Pension Wise appointment may help you if:
- You are approaching retirement or are 50 or over
- Have a defined contribution pension
- Are thinking of accessing your pension in the next six months
Guidance appointments are also available on the telephone, delivered by the Pensions Advisory Service. People can also get information and general guidance online at www.pensionwise.gov.uk.
Martin Lord, Chief Executive of the bureau, said:
“We’re offering face to face appointments across the county. Pensions can be a confusing topic and Pension Wise appointments will help people to make sense of their pensions choices”
To book a face to face appointment, call 0300 323 9940