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Your journey to retirement

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Your journey to retirement

How close are you to retirement? You can see some actions you might consider taking below. If you have any questions, please call 0117 980 9940.

Our service is not personal advice but we can offer advice if you specifically request this. The Government's free Pension Wise service can also help - more on Pension Wise.

1 to 5 years

Start to explore your options - why not request one of our free guides? Don't forget non-pension investments such as ISAs can play a part.

Download your free guide to your options at retirement

Ask yourself 3 questions. What income do you need? When do you need it? How much should be secure? Our calculators & tools can help.

Use our free pension calculator to find out how much
your pension might pay

Use our Retirement Planner to try out a blend of
secure and variable income

Check where you are invested - are your plans still on track? Should you change your investment strategy? Top up your pension if you are short.

Consider de-risking your pension by moving to lower-risk investments if you plan to take cash or buy an annuity at retirement.

Top up your SIPP online now

Track down all your pensions and get a State Pension forecast, so you have everything ready when the time comes.

Retiring in 6 months

Consider going to your GP for a check-up - it could boost your pension. A recent blood pressure reading might increase annuity income by as much as 6%.

Compare enhanced annuity rates now

Check if there are any penalties for taking your pension at your chosen date, or any guarantees you may be giving up.

Get comparison quotes to explore your options. Consider your spouse's or partner's pension provision too, and what will happen if you die first?

Use our Retirement Planner to try out a blend of
secure and variable income

Compare annuity rates now

What happens to your pension when you die

Decide if you wish to switch to a secure annuity or remain invested (drawdown or UFPLS). You can also blend the options, to have a mix of security and flexibility. If you are thinking about an annuity, consider moving out of the stock market and into cash.

If you are unsure which option is most suitable for you, discuss your options with a financial adviser or use the Government's Pension Wise guidance service.

Find out more about annuities
Find out more about drawdown
More about a blend of secure and variable income

Retiring in 1 month

If you've decided on an annuity, make sure any quotes you receive are guaranteed rates, not indicative.

Compare annuity quotes now

Check that all the health details you've used to get quotes are up to date. Even adding the name of your medications could mean an increased rate.

Compare enhanced annuity rates now

If you are thinking about drawdown or UFPLS, why not consider transferring your pension to the HL Vantage SIPP in advance, ready to go? Before transferring a pension please ensure you will not lose valuable guarantees or incur excessive exit penalties.

Find out more about transferring

Start planning where you might invest - our latest investment ideas could be a good place to start your research.

Take a look at our latest investment ideas

Retiring now

Refresh your quotes - for annuities get an updated quote; for drawdown or UFPLS request an updated illustration.

Find out more about annuities Find out more about drawdown

Make sure you are happy with the option you have chosen - take your time and give us a call on 0117 980 9940 if you're not sure about anything.

Contact us

Make sure you have read all the documents and checked the information carefully. Some options can't be changed once set up.

Important information: What you do with your pension is an important decision that you may not be able to change. You should check you're making the right decision for your circumstances and that you understand your options and the risks. Drawdown is a higher risk option than an annuity. The government's free and impartial Pension Wise service can help you and we can offer you advice. The information on our website is not personal advice.

Don't have time for this now? Save your copy to come back to it later - simply confirm your details below