Free pension guidance with Pension Wise

Pension Wise is a government-backed, free guidance service that explains the practical options available when you access defined-contribution pension savings. It helps you understand choices such as taking a lump sum, flexible drawdown or annuity, explains tax implications and sets out the likely pros and cons of each route so you can avoid costly mistakes. Using Pension Wise can help you make better-informed retirement decisions and choose options that suit your income needs and long-term plans.