Waltham Forest Citizens Advice Bureau encourages people in Waltham Forest, Barking and Dagenham, Redbridge and Havering to plan for their future.
Waltham Forest Citizens Advice Bureau is encouraging people over 50, with a defined contribution pension in the Waltham Forest, Barking and Dagenham, Redbridge and Havering areas to come learn about their pension options at Leytonstone Library, 6 Church Lane, Leytonstone, London E11 1HG. Every Tuesday between 10am and 2pm for a drop in session.
Pension Wise guiders from Waltham Forest Citizens Advice Bureau will be explaining the new pension freedoms introduced in April this year and how people can access guidance.
The changes mean that for the first time, people over 55 have the option to access their pension pot and take a lump sum, buy an annuity or a mixture of both.
Pension Wise is a free government service that helps people approaching retirement to go through their options so they can make informed decisions about their pension pot.
Waltham Forest Citizens Advice Bureau delivers 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 pot and their plans for retirement.
Suna Panayiotou, Chief Executive at Waltham Forest Citizens Advice Bureau said:
“The world of pensions can be confusing. People can be put off by the numbers, the terminology, and the calculations involved.
“Pension Wise is a free service which is here to help people make sense of their options. We offer face to face appointments in Waltham Forest, Barking and Dagenham, Redbridge and Havering areas which are tailored to each individual, depending on their wants and needs for retirement.
“We’re looking forward to meeting people at Leytonstone Library and helping prepare them for retirement.”
To book a Pension Wise appointment, you can visit Waltham Forest Citizens Advice or call 0300 330 1001 (national number) or 0203 233 0250 (local number).