Pension Wise

Pension Wise is a new government service that can help you go through your options so you can make informed and confident decisions about your defined contribution pension options.

The Citizens Advice Bureau is offering appointments through out Salford to help people plan for their future. The sessions last 45 minutes and are tailored to the individual.

Residents can book an appointment with Pension Wise if they are approaching retirement or are 55 or over, have a defined contribution pension and are thinking of accessing your pension in the next six months.

Guidance appointments are also available over the telephone, delivered by the Pensions Advisory Service. To book an appointment, call Pension Wise on 0300 330 1001.

Find out more from the government's Pension Wise website.

Different types of pension

Defined contribution - a pension where you build up a pot of money you and possibly your employers have put into it. What you'll get will depend on the amount you put into it, how long the money's invested, and how well any investments have done.

Defined benefit - a pension that gives you an income based on your salary and length of time with your employer. This pension is a type of workplace pension, sometimes called a final salary pension.

State pension - the pension you get from the government when you reach state pension age.

This page was last updated on 13 October 2016

Live Chat Software by Click4Assistance UK