Retirement options for your employees
When your employees decide to start taking money from their pension plan, we can offer them a range of retirement options that suit their needs. With more options and flexibility available, your employees will have more decisions to make when it comes to accessing their pension plan. We’re committed to making these choices as clear and reassuring as possible, thanks to expert guidance and support on demand.
Your employees can start taking money from their pension at 55 (subject to change). The first 25% taken is normally tax free, and the rest is subject to income tax.