Your pension

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Helping you make the most of your retirement

Your company pension plan is a way to save so you have money to live on when you’re older. You and your employer pay into the pension plan. Then, when you retire, you get a regular income for life, as well as a tax-free lump sum. There are other benefits if you fall ill or die.

You don’t even have to wait until you’re 65 to take your pension benefits. Through Flexible Pension, you can take some or all of your benefits from age 55. However, this will affect the amount of pension benefits you receive.