Pension Wise

Since April 2015 people with Defined Benefit pensions have been able to access their saving in more ways. Pension Wise can help you to make your decision on which option(s) are suitable for you.

Pension Wise is free, impartial and backed by government. Pension Wise is offered in partnership with the Money & Pensions Service.

The Pension Wise appointment is a conversation between you and a fully trained Pension Wise Guidance Specialist and lasts between 45 to 60 minutes. You’ll get personal guidance on:

  • your pension options, tailored to your own circumstances
  • how each option can affect your tax and benefits
  • other trusted sources of information and help
  • how to shop around and avoid scams
  • what you can do next

Appointments are over the phone or face to face. You will get a summary of the pension options and next steps you need to take after your appointment. Appointments are available to anyone aged 50 or over who has a defined contribution pension.

Pension Wise guidance specialists are impartial – they don't recommend any products or companies and won’t tell you how to invest your money.

For more information or to book an appointment visit the Pension Wise website or phone Pension Wise on 0800 138 3944 (or +44 20 3733 3495 if you’re outside the UK).

The Pension Wise service is currently delivered across Scotland by our network of CAB members operating in around 80 CAB offices and local service points. FAQs about the service are available here.