Knowing what to do with your pensions can be daunting, whether you are considering transferring defined benefit savings into a defined contribution scheme to access more retirement flexibilities, or combining several pension pots into one savings and investment structure.

There are lots of resources available to help you get information about pensions. However, finding the right guidance or advice is important, and we have a few suggestions on where to go below.

Impartial guidance from MoneyHelper

MoneyHelper is the free and impartial money and pensions guidance service from the Money and Pensions Service (MaPS). It brings together the services previously offered by Pension Wise, the Money Advice Service and The Pensions Advisory Service.

MoneyHelper provides guidance on pensions and money matters, including help with understanding your pension options, retirement choices and where to go for further support.

Visit www.moneyhelper.org.uk for more information.

Independent financial advice

Transferring out of a defined benefit scheme into a defined contribution scheme is a major financial decision and may or may not be in your best interests. If the transfer value of your benefits is £30,000 or more, you are required by law to take financial advice before you can transfer.

The Trustee, Company and their advisers are unable to offer financial advice specific to your personal circumstances. If you are in any doubt, you should seek advice from a regulated financial adviser.

You can find a financial adviser in your area by visiting “How to choose a financial adviser” on MoneyHelper.

Other websites that can help you find an adviser

VouchedFor
Unbiased
Financial Advisor Bureau
Local Financial Advisor