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Managing my investments
Managing my investments

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5.3.3 Take control

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Figure _unit5.3.2 Figure 8

We have now looked at state pensions and the various forms of non-state pensions that collectively can provide your income in retirement. Take some time now to check your entitlements to pensions using the information provided in the previous sections and the most recent statements provided by your pension provider(s).

Activity _unit5.3.2 Activity 5.2 Assess your position

Now return to the Age UK pension calculator to assess your position and see whether or not you’re on course to get the income you need to afford the lifestyle you want.

Whatever the result, discuss your thoughts with other learners in the course forum on ways to take control of your future (but please don’t share personal financial information). Don’t forget to head your post with the number and title of this activity.

In the coming sections, we’ll explain how the pensions landscape in the UK is changing following the liberalisation of rules relating to access to ‘pension pots’ that took effect from April 2015.