| Yes, your pension pot can be exchanged for a guaranteed income for life. That's known as an annuity. It's like having a steady pay even after you've stopped working. If that's the option you'd like, you can transfer your pension pot to an annuity provider without penalties - we won't charge you a penny. Opting for an annuity is a once-and-done deal, so it's really important to think through your options. Getting some professional financial advice can be a big help, and our partners at Hub Financial Solutions (HUB FS) are ace at helping you find the right annuity. There's a charge for their service, but just so you know, we don't get any commission from them. |