£250,000 Pension Fund?

Find out your options

Throughout your career, you have been saving hard and investing into your personal pension, but can you retire with a £250,000 pension pot?

Contact Pension Works today on 0808 164 2664 and you could benefit from:

Retirement Planning – to advise you how to make the most of your £250k pension fund
Free Pension Assessment – to check if you’re in the best pension for your retirement
Pension Drawdown – access your 25% tax-free cash if you’re 55 years or over
Pension Consolidation – assist you in combining multiple pension funds
Pension Performance – to advise you on how to improve your investment performance

Learn more Make an enquiry

Make an enquiry

Do you have a 250k Pension Pot?

Can you reach a £250,000 pension fund?

If you’re looking at ways of increasing your pension funds without increasing your monthly contributions, then checking the annual fees and hidden charges you are paying could be a great place to start. Reducing your management charges from 3% to 0.5% may not seem a lot, but this could equate to £1,000’s of pounds extra into your retirement funds.

Our free pension HealthCheck will carefully assess whether excessive fees or hidden charges are consuming your private pension, and potentially help you along the way to a £250,000 pension pot or greater.

Enter your pension pot size and age below, to see how much potential your private pension has to grow:

The lower the charges, the more you could potentially retire with.

Learn about our HealthCheck

Make an enquiry

What are your options with
your £250,000 pension?

Get a pension assessment – if you’re still planning to work and contribute to your pension for the foreseeable future, it’s probably wise to carry-out a pension assessment to check that you’re not paying excessive fees, suffering poor performance and have the flexibility to carry-out your retirement plans with your current pension. If you’re not taking an income from your pension it’s not too late to get it assessed and make it work as hard as you do.

Take a 25% Tax-Free lump sum – if you’re over 55, you may have the option to take 25% lump sum tax-free from your personal pension. With a pension pot of £250,000; you could get an income boost of up to £62,500 tax-free.

Pension Drawdown – instead of purchasing an annuity, you may consider pension drawdown and take income from the pension when you require it. The good thing with pension drawdown is that the rest of the funds will remain invested and could continue to grow and increase in value.

Buy an Annuity – purchasing an annuity is the traditional way of providing an income in retirement. Depending on the type of annuity purchase, you could receive a regular income for a fixed term or until the funds run out.

For expert pension advice, contact Pension Works today on 0808 164 2664.

Peace of mind

We work with all major UK pension providers, ensuring your retirement is in experienced hands.