Pension Planning Videos & Guidance
What is pension planning?
Pension planning is about preparing financially for your future, helping you build and manage your retirement savings so you can enjoy greater financial security and confidence in later life. Understanding your pension options can help you make informed decisions about contributions, tax, investments and how you eventually access your retirement savings.
Explore our pension planning videos below for practical insights into tax-free cash, pension consolidation, auto-enrolment, pensions versus ISAs and how pensions can interact with Inheritance Tax.
Should I Take 25% Tax-Free Cash From My Pension?
Many pensions allow you to take part of your pension benefits tax-free, but taking the full amount isn't automatically the right choice for everyone. This video explores some of the factors to consider when deciding how and when to access tax-free cash from your pension.
Pension vs ISA: Which Is Right for Me?
Pensions and ISAs both offer tax advantages, but they work differently and can suit different financial goals. This video looks at some of the key differences to consider when deciding how to save and invest for your future.
Is Your Workplace Pension Invested in the Right Fund?
Many workplace pensions automatically place members into a default investment fund, but that default may not necessarily be the right fit for your age, timescale or attitude to risk. This video explains why it is worth checking how your workplace pension is invested and whether the default fund remains appropriate for your retirement plans.
How Will the 2027 Inheritance Tax Changes Affect Pensions?
From 6 April 2027, most unused pension funds and pension death benefits will be included within an individual's estate for Inheritance Tax purposes. This video explains what is changing and why the new rules could have an impact on retirement and estate planning.
Should I Consolidate My Pensions?
If you've built up several pensions during your working life, you may wonder whether bringing them together would make them easier to manage. This video looks at some of the potential benefits and important considerations before deciding whether to consolidate your pensions.
How to pass your pension on
Your pension can be one of the most valuable assets you pass on to your family. In this video, we explain why it is important to keep your pension nominations up to date and how the right planning can help make sure your pension benefits are passed to the people you intend.
