Workplace pension - 14th Apr 2014 6:30pm
Is anyone out there a financial whizz?
I've never paid into a pension for a number of reasons, mainly working fairly low paid jobs and also not entirely trusting the whole annuity thing future worth.
Anyway with this auto opt in coming in and the changes coming in whereby you don't have to purchase an annuity I'm considering it to use as a bit of a savings plan maybe for the exotic holiday I keep telling myself I will be taking!
I just have a question if anyone can assist....(my work are doing a q&a session but to save a three hour round trip I thought I'd ask here.
I'm hoping to take early retirement before I'm 50, will I be able to draw the money out then or would I need to be around state pension age or take medical retirement?
Thanks
I've never paid into a pension for a number of reasons, mainly working fairly low paid jobs and also not entirely trusting the whole annuity thing future worth.
Anyway with this auto opt in coming in and the changes coming in whereby you don't have to purchase an annuity I'm considering it to use as a bit of a savings plan maybe for the exotic holiday I keep telling myself I will be taking!
I just have a question if anyone can assist....(my work are doing a q&a session but to save a three hour round trip I thought I'd ask here.
I'm hoping to take early retirement before I'm 50, will I be able to draw the money out then or would I need to be around state pension age or take medical retirement?
Thanks