Skip Header

Thinking about making a withdrawal from your pension?

Important information - the value of investments and the income from them can go down as well as up, so you may not get back what you invest.

If you’re thinking about accessing your pension, whether a tax-free lump sum or more regular withdrawals, it’s important to understand how the withdrawal process works. Our essential guide tells you everything you need to know including: 

  • What to consider before taking money from your pension

  • What your withdrawal options are.

  • How to take money from our SIPP (Self-Invested Personal Pension)

  • How to get the support you need before making a decision.

Please tell us your first name and email address so that we can email the download link to you.

Important information - withdrawals from a pension product will not normally be possible until you reach age 55. Tax treatment depends on individual circumstances and all tax rules may change in the future. The Government's Pension Wise service offers free, impartial guidance to help you understand your options at retirement. You can access the guidance online at or over the telephone on 0800 138 3944.