Taking Retirement Benefits
In the past, pensions did not come with too many options at retirement. With today’s pensions however, there is a lot of choice. For some, it will still make sense to take the benefits on offer from an employer’s scheme but for a vast number of people it is now up to you to decide how you want your retirement benefits. It provides the opportunity to select options which offer the best terms or provide a different way to take your benefits. However, with choice can come complexity and therefore it is important get the help and expertise of specialists to help you assess your options and make the right choice.
At First4Finances we can explain all your options and guide you through the whole process.
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.