Make the most of your pension pot
Understand how much tax you might pay when accessing your pension, and how to make the most of your money.
Withdrawing from your pension is a big step. The amount of tax you pay depends on how you take your money, how much you withdraw, and your overall income. Speaking to an FCA-regulated adviser can help you avoid paying more tax than you need to and make sure your retirement savings last longer.
- Get advice on how to withdraw the money from your pension pot
- Get help avoiding paying more tax than you need to
- Make sure your retirement savings last longer
- Understand tax brackets as part of your withdrawal strategy
Very professional and friendly advice. Highly recommend this company to anyone who is not clear on what to do with your pension after retirement.
I had been slightly unsure about what to do or who to trust, especially in todays world of 'rip offs' and scams but now I feel more settled after a simple follow up call.
How pension withdrawal tax works
In most cases, you can take up to 25% of your pension pot tax free.
Anything over the tax-free amount is treated as income, and taxed at your usual rate.
Withdraw too much at once and you could push yourself into a higher tax band, paying more than necessary.
Why Pension Tax Advice Matters
Your pension is one of the most valuable assets you’ll ever own and the decisions you make about it will shape your retirement for decades to come. Getting the right advice isn’t just helpful, it can make a real difference to your income, your tax bill, and your peace of mind.
-
Maximise your tax-free allowance - making sure you use your 25% tax-free cash effectively.
-
Plan withdrawals efficiently - avoid pushing yourself into a higher tax band unnecessarily.
-
Balance your options - compare drawdown, annuities, and lump sums to see what’s best for your income needs.
-
Protect your future - ensure your withdrawals are sustainable so you don’t run out of money too soon.
The advice difference:
-
Scenario 1: Sarah withdraws £40,000 in one go. Because this pushes her into a higher tax band, she pays thousands more in tax than expected.
-
Scenario 2: With advice, Sarah takes a 25% tax-free lump sum and then spreads her withdrawals over several years. This keeps her in a lower tax band, saving her a significant amount.**
How it works?
It couldn't be simpler, start by completing our online form so we can get a better understanding of how we can help.
We will use the information that you provide us with to match you with the best pension adviser for you.
You’ll hear from your local adviser shortly to book your free consultation with no pressure to proceed.
Why use our service?
Making decisions about your pension is important, and getting the right advice can make all the difference. Our service connects you with trusted, FCA-regulated advisers who are ready to help you navigate your pension choices.
- Free and impartial - There’s no charge for using our service — we’ll match you with a qualified adviser at no cost to you.
- Quick and convenient - It takes less than a minute to be matched with an adviser who understands your needs.
- Advisers near you - Our nationwide network means you’ll be connected with someone local, so you can choose how and when to speak.
Our expert adviser network
All of the advisers we work with are FCA-authorised and regulated.
Frequently asked questions
Pensions can be one of the most valuable assets you’ll ever own but also one of the most complex. The right advice helps you make smart, tax-efficient choices, avoid costly mistakes, and create a retirement income that suits your goals.
The cost depends on your needs and the complexity of your situation. Your initial consultation is free, so you can explore your options without any obligation.
Often, yes you can, and this can make managing your retirement income much simpler. However, it’s important to check if you’d be giving up valuable benefits before moving your pensions. An adviser can review this for you.
You could take a tax-free lump sum, use pension drawdown, buy an annuity, or use a combination of these options. The right choice depends on your circumstances, risk appetite, and income needs. An FCA-regulated adviser can talk you through your options to help you make the right decision for you.
[2] According to research conducted by Royal London and ILC
** Anything above the tax-free amount is taxed as income (and may push you into a higher band). Examples shown are for illustration only not personal advice.