On the web, there are a number of useful pensions resources where you can read more or download useful booklets:
- The State Pension and personal and stakeholder pensions sections of the GOV.UK website does a good job of explaining complicated pensions issues in easy to understand English.
- The Pensions Advisory Service, is an independent, non-profit organisation. Its website has lots of useful detailed material covering almost every aspect of pensions.
- The Money Advice Service (which used to be part of the Financial Services Authority) provides information and advice for consumers about all kinds of financial products, including pensions.
The government’s Pensionwise service provides free and impartial guidance for people aged 50 or over, who have a personal or workplace pension and want to make sense of their options.
Unfortunately, there are lots of scams that try to take advantage of people and their pension savings so it is important that you only use trustworthy web sites like the ones mentioned above. The Pensions Regulator has more information about this problem.
If you need more information about a workplace scheme, you should contact the scheme administrators initially, or, if you don’t know who they are, your HR contact or line manager.