A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.

What are your options for taking money from your pension plan?

There are different ways you can pay for life after you stop working. Explore your options with Standard Life and think about the ones that suit you best. If you’re not sure which is the right option for you, we recommend you get financial advice.

  • Handshake

    Get free impartial guidance

    Go to pensionwise.gov.uk or call 0800 138 3944 for free impartial guidance face to face or over the phone. You can also take a look at the Money Advice Service for more guidance.

signpost

More help with retirement

Explore all the ways we can help you with your retirement money. Crunch some numbers, research your choices and get some insight.