Pensions guides

Whether you are setting up your first ever pension or are looking to get the most out of your retirement, we have a range of guides that will cover everything you need to know on pensions.

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How does the State Pension work?

Not everyone gets a state pension in the UK, and payouts vary heavily from person to person, even for those who qualify. Here is how the state pension works, what it could pay you and when you can claim it.

Read more about how the State Pension works

What are defined contribution and defined benefit pensions?

Most people have either a defined contribution or a defined benefit pension, but do you know which is which and understand the difference between them? Here’s what you need to know.

Read more about defined contribution and benefit pensions
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How Is My Pension Taxed When You Retire?

Pension taxation seems complicated, but knowing the rules is crucial so you don’t overpay. This guide explains everything you need to know.

Find out more on how your pension is taxed
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What are pensions?

You can use a pension as an income during your retirement, but there are several types and many rely on how much money you put into them. Here is how they work.

Read about what pensions are
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Pension calculator

Our pension calculator tells you how much your retirement fund will be worth when you stop working, what annual income you will get, and how long it will last.

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What is an annuity?

When you retire and get your hands on your pension, it is difficult to know how to use your money. Here is how an annuity can turn your pension funds into a guaranteed income for life.

Read more about annuity
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Is it ever too late to start a pension?

A pension can give you an income when you retire, but how much will depend on what you contribute during your working life. Here are your pension options, even if you start late.

Read more about starting a pension
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Can you transfer your pension?

You can move your pension but there could be unexpected costs for doing so. Here is how to transfer your pension and what you should think about before you do.

Read more on transfering your pension
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Tracing your pension

Our pensions experts have curated a list of actions for anyone looking to take control of their miscellaneous pension pots.

Find out how to tracing your pension