Deciding how and when to start receiving your pension savings is one of the most important financial decisions you will make. Therefore it may be work talking to a financial adviser. They will help you to understand the choices you have, and make the right decision based on your personal circumstances.

Financial Advisers are regulated by the Financial Conductor Authority, who publish details of who they have authorised to provide advice on pensions on the website. register.fca.org.uk. There are also several government organisations who can provide information or advice on pensions free of charge. These include:

The Pensions Advisory Service provide free and impartial guidance on pensions.

• pensionsadvisoryservice.org.uk
• 0800 011 3797 (or if calling from abroad +44 207 932 5780)

Pension Wise provides free guidance on defined contribution (DC) benefits. If you have AVCs, this service may prove very helpful. Eligibility for guidance from Pension Wise starts at age 50.

• pensionwise.gov.uk
• 0800 138 3944 (or if calling from abroad +44 203 733 3495)