You can usually take money from your pension if you are 55 or over. This minimum age will increase to 57 in 2028. The UK government sets this age.
Before you reach this age, you have two main options:
- Leave your pension where it is, or
- Transfer pensions to a different provider
There are some special cases when you might access your pension early, for example, if you are seriously ill or have a terminal illness. If this applies to you, your case will be reviewed individually by the Cushon pension. To learn more, read the guidance on early retirement because of illness.