Taking control of your pension - even in uncertain times
5 tips for investors
A global pandemic has brought about a new era of economic uncertainty.
Seeing sharp ups and downs in the value of your pension is unnerving at the best of times. But it can be even more challenging if you’re in or approaching retirement.
Now is a good time to review your investment strategy and retirement plans. Our experts have come up with 5 tips to help, including:
- How to choose the right investments for your pension
- When delaying your retirement could be a good option
- How to get a guaranteed retirement income
The information in this guide isn’t personal advice. If you’re not confident about what’s right for your situation, you should speak to a financial adviser. Remember investments can go down as well as up in value, so you could get back less than you put in. You can’t normally access money in a pension until age 55 (rising to 57 from 2028). Pension rules can change, and any benefits depend on your circumstances.