Approaching retirement? Not sure what to do?

Following pension reforms on April 6, people approaching retirement have greater freedom over how they can use their pension pots. People can take a lump sum, take out an annuity or a mixture of both.

Pension Wise is a new Government service designed to help people make sense of their pension options, and empower them to make the right choices for them.

Individual face to face Pension Wise guidance appointments are now available to book, for those aged 50 or over. The guidance will help you understand your options to access your (defined contribution) pension pots after age 55.

To book your guidance appointment locally call into any South Lakes CAB outlet or ring us on 015394 46464 or contact the centralised booking number on 01900 68981. You can also find information on Pension Wise at www.pensionwise.gov.uk

Free, confidential advice and help is available from South Lakes Citizens Advice Bureau on any aspect of debt, consumer problems, benefits, housing, employment and 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.