Video: Big changes are coming to your pension

In the March 2014 Budget, George Osborne announced significant new changes to the pension system, which will come into force in 2015.

These changes will have a big impact on how you can take your pension, with more flexibility available but better planning required to ensure your pension will last for your entire retirement.

The changes may seem complex but there’s no need for them to be. To help you to understand the basics behind the change, we have put together the following short video, which explains just what will change in 2015 and how you and your retirement could be affected.

 

Posted In : Pensions, Video