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Everyone has their own idea of what they want to do in retirement and the income they will need. How you access your pension pot is a big part of how you will achieve the standard of living you want when you retire.
In April 2015 the Government introduced a new range of retirement options designed to give you greater freedom when accessing your pension pot.
You should explore each option including the pros and cons of each and seek advice if you need it so that you can make an informed decision on what’s right for you.