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How To Access Your Pension Now!

So first up let's discuss the 3 most common types of Pensions, what they are, and when you can access them. Then we will move on to, how to access each of them, and key things to consider.
So the first type of Pension is called the Defined Contribution Pension (DC) which is what the majority of us will have.
They are common in workplace pensions and private personal pensions like SIPPs.
The second type is a Defined Benefits Pension and these have become less and less common in recent years, but they are still prevalent if you have a workplace pension and you work for the Public Sector (for example the NHS, Teachers, Police, etc.).
And then finally we have the state pension, which is the Pension that we get from the government.

Chapter Information (How To Access Your Pension Now!):
0:00 Introduction
0:37 Types of Pension?
3:44 How To Access Your Pension Now!
8:16 Things To Consider

🔹 Pension Wise: https://www.moneyhelper.org.uk/en/pen...

🔹 Unbiased: https://www.unbiased.co.uk/

🔹State Pension Age: https://www.gov.uk/state-pension-age

DISCLAIMER: Any advice or statements perceived to be advice given in this video and any other videos on my channel are for information purposes only, and does not act as financial advice.
You are fully responsible for your financial decisions. If you are in need of any Financial Advice, please seek out a professional advisor. If you are unsure of how to do this, please feel free to reach out to me and I am more than happy to guide you.

#Pension #PrivatePension #Retirement