The average age of people getting guidance with their pension is 61, despite free support being available for anyone over 50.

Planning early will help you make the most of your pension.

In April 2015, rules around pensions changed and for the first time, people were able to decide whether they buy an annuity, cash in their whole pension pot, take a lump sum, or a mixture of these options.

The Pension Wise service has been around for over a year now. If you are 50 or over with a defined contribution pension, you can book a free session with a Pension Wise guidance specialist who will advise you on your best options.

To book a face to face Pension Wise appointment in your area call 01900 68981.

To prepare, work out the value of your pension pots, check if there are any restrictions, such as penalties for taking it early, get a state pension forecast - you can find out how to do this from https://www.gov.uk/check-state-pension, gather information on any benefits you receive, and work out your likely living expenses.

Free, confidential advice and help is available from South Lakes Citizens Advice on any aspect of debt, consumer problems, benefits, housing, employment or any other problems. We have various outlets across South Lakeland and can also give advice over the phone – telephone 015394 46464 for an appointment and help. South Lakes Citizens Advice is a registered charity, No: 1118656 and company limited by guarantee, No:6113551. FRN: 617574