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Free pensions advice in Sudbury

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Latest community news from the Suffolk Free Press, suffolkfreepress.co.uk, @sfpsudbury on Twitter

Sudbury Citizens Advice is to offer free support and advice on recent changes to pension laws.

Following pension reforms in April, people approaching retirement have greater freedom over how they can use their pension pots.

Pensioners will be able to take a lump sum, take out an annuity or a mixture of both.

Pension Wise is a new Government service designed to help people make sense of their pension options, and help them to make the right choices.

Citizens Advice bureaus across the county will be delivering free face to face Pension Wise sessions which are available to book now.

The 45 minute appointments are tailored to the individual, taking into account the value of their pension and their plans for retirement.

They are targeted at those approaching retirement or are 55 or over, have a defined contribution pension or those thinking of accessing their pension in the next six months.

Guidance appointments are also available on the telephone, delivered by the Pensions Advisory Service, while information and general guidance is available online at www.pensionwise.gov.uk.

Andy Clifton, specialist guidance caseworker at Sudbury Citizens Advice, said: “Pensions can be confusing and Pension Wise appointments will help people to make sense of their pension choices particularly with the new options available.”

Pension Wise appointments will be offered on Wednesdays and Fridays from the bureau in Belle Vue House, Newton Road, Sudbury .

Please visit your local bureau or call 01379 658205 to arrange a free Pension Wise guidance appointment.

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