Once you reach age 75, you will face the prospect of buying an annuity with what remains of your pension fund, and making the right choice will affect the rest of your financial life, as the decision cannot be reversed once made. So take the chance to research the market carefully.
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The information on this website is based on journalistic research and information, and should not be considered to constitute advice. If you wish to make any decisions about your financial affairs, we strongly suggest you speak to a financial adviser. You can find an adviser near you through our find an IFA, find a solicitor, and find a mortgage adviser services.