Retirement income options
There are three main options for taking regular income, as well as a tax-free lump sum of up to 25%. Or you can take lump sums directly, 25% usually tax free. Tax rules can change and the value of any benefits depends on individual circumstances.
Receive a guaranteed income for the rest of your life.
Your pension remains invested - you can withdraw what you want, when you want.
Mix and match your options to receive a blend of secure and variable income.