Advice before you retire or transfer
01 Jul 2023
In 2022 the Government introduced new requirements for pension providers to refer members to Pension Wise guidance as part of the process when taking or transferring pension benefits. This “stronger nudge” is in place to make sure that you have the opportunity to get independent help and advice before making a decision that could determine your financial future.
Pension Wise is part of MoneyHelper, a Government-backed service that gives resources and assistance with various aspects of personal finance. You can read more about Pension Wise at moneyhelper.org.uk/en/pensions-and-retirement/pension-wise