Once your pension plan is in place your
chosen provider will keep in touch with you
on a quarterly basis.
Your provider will send you statements in
order for you to understand and track the
performance of your funds.
Remember that any investment can go
down in value as well as up. Your provider
will also give you guidance on how to move
funds into new pension plans.
Note that a change to the law in the UK now
means individuals can release their pension
pot as a lump sum, making it easier to use
the fund without restrictions.
MANAGING FUNDS
plan for your future
accessing
your pension
Your pension provider
will send you annual
statements >
Most people cannot
take money out of
their pension until
they are at least 55 >
The age you get your
pension depends on
the rules of your
scheme >