Taking payments from your pension pot

Taking your pension - the basics Understand when you can take your pension pot, what happens when you do, what tax free lump sum you may have and more

Options when you take your pension What happens to your pension pot when you retire, and what options are available for turning it into a regular income

How your pension income is taxed Tax on the State Pension, company pensions, personal pensions or retirement annuities and foreign pensions

Taking a small pension pot as a lump sum If your pension pot is small you may be able to take it all as a lump sum, find out the rules