The value of your investment can go down as well as up and you may get back less than you paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK also have an impact on tax treatment.
Preparing for retirement
Retirement is a big decision. Even if this initially means cutting back rather than cutting out work altogether. We want you to get the most income from your retirement savings as possible. So we've created these guides to help you understand your options so you can make the right choices for you.
-
What is retirement?
A guide to retirement basics. When you can retire, what your income options might be, when you can claim the State Pension. -
Saving for retirement
See why saving for retirement makes sense. How tax relief can help you, how much you might need when you retire and how you could increase the value of your pension. -
Getting ready for retirement
Are you ready to retire? Do you understand your income options, tax and your State Pension? Get up to speed with our guide.
-
Ways to take your money
Look at the ways you can take money from your pension. Think about which option is right for you. -
Managing your money in retirement
Once you start taking money from your pension you still need to keep an eye on your money to make sure it lasts and you’re not paying too much tax
-
Reclaiming tax
If you take money from your pension you might be able to claim some tax back. Find out how to do this.
-
Tax in retirement
After years of building up your life savings, you don’t want to pay more tax than you have to. Be smart and use our guide to understand tax on pensions.
-
The pension lifetime allowance
Find out how much the Lifetime Allowance is and what to do if the value of your pension is close to or beyond it.
-
Passing on wealth tax-efficiently
Pensions can be a good way of passing wealth to the people you care about most, after you die.

More help with retirement
Explore all the ways we can help you with your retirement money. Explore your income options and research your choices.
-
Our retirement options
See what kind of options, support and services we can offer.
-
Retirement tools & calculators
Use our tools to find out what you might need and what you might get from your pension.