"When can I take my pension?"
If you’re currently aged under 55, here's what you can do with your pension now:
- Leave your pension savings invested with us until your normal minimum pension age. Understand how to choose your retirement options.
- Make your own payments into your pension by Direct Debit.
- If you have pension savings with other pension providers, you might also want to consider transferring them into your current pension with People’s Pension.
- Transfer your pension savings to another pension provider.
Have you had to stop work?
You may be able to access your pension savings earlier than age 55 if you’ve become physically or mentally incapable of continuing your job, and so you’ve stopped working. As well as meeting HMRC’s rules, we’ll need a report confirming that you are medically incapable of continuing your job as result of injury, sickness, disease or disability – so please get in touch with us if you’d like to take your money.
Are you suffering from serious ill health?
If you’re suffering from serious ill health – with a life expectancy of less than 12 months – you may be able to get your whole pension as a tax-free lump sum. Let us know if you’d like to take your money.