What the pension reforms will do is , it will bring you a new level of flexibility and choice .These new choices and flexibility will affect every individual in different ways as the end result will always depend upon the individual personal circumstances.

For some people an annuity could still be the right option for them. If you are unsure whether this is the right option for you then the best thing to do is seek independent financial advice. This way you would have your questions answered and then be told which is the best option for you and if annuity is not then you will be shown all the other options that could potentially be the right one for you. We at Hutt Professional have financial advisers with many years of experience working on pensions and have given high quality pension advice who would be more than happy to offer you independent financial advice on how to access your pension safely.

Some people with their pension may want to withdraw their entire tax-free lump sum and then convert what is left into a draw down. It is very important and essential that you seek independent financial advice before you do this, this way you are then ensuring its being done correctly and there for you know that you are accessing your pension safely.

By seeking independent financial advice on how to access your pension safely you are overall ensured that you will not be doing it without unnecessary costs and potentially a tax bill.

To discuss your pension and to seek independent financial advice on it and also  how to access it safely and you are located in Leamington Spa or surrounding areas please do not hesitate to contact us . We at Hutt Professional have financial advisers with many years of experience in giving pension advice and independent financial advice who would be more than happy to offer you to independent financial advice you need.