In this podcast episode, I look at the ever-more important topic of pension freedoms, with a particular focus upon the decisions you need to make in order to access your pension pots.

Key Takeaways

  • Those aged over 55 now have a far greater freedom of choice in how they use their pension pots to fund their retirement years.

  • As ever, it is always wise to take professional, independent advice before attempting to access pension funds. Informed decisions are crucial.

  • You may now take your entire pension pot in one cash lump sum if you desire, but this could lead to a huge income tax bill, meaning less money during retirement.

Would you like to find out more about pension freedoms?

Subscribe Now

Subscribe on itunes
Subscribe on Google Podcasts
Subscribe on Spotify
Subscribe on Stitcher
Tony Talks Wealth - RSS Feed

Receive the latest TT Wealth Financial Planning Newsletter along with regular money tips by email:

TT Wealth May / June 2024 Newsletter
 Your email address will NEVER be shared or sold. You are always free to easily unsubscribe or customise your email preferences at any time. If you have any questions, please contact: