It's never too late to try something new – and if you're thinking about how you'd like to spend your retirement, Pension Wise is the first step to getting to know what your pension options are.
Pension Wise is a free and impartial guidance service set up by the government, to guide you through your options following the introduction of pension freedoms in 2015.
Pension Wise is available to anyone over 50 or with a defined contribution (personal or workplace pension) pension. Call 0800 138 1583 or for more information, visit pensionwise.gov.uk
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Appointments with specially-trained Pension Wise guiders are tailored to your circumstances and outline the six options open to you. The guiders are friendly, knowledgeable and there to help you.
Appointments last for approximately 50 minutes and can be either face-to-face or over the phone, whichever suits you best. (The face-to-face appointments take place in hundreds of locations across the country.)
Pension Wise will never try to sell you any financial products - instead your guidance specialist will help you understand any tax, fees and charges when taking your pension. They'll also help you to be aware of scams.
Once you know your options, take your time to shop around for the best deal.