Pensions and Benefits Home Page 2025

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You can take your whole pension pot as cash straight away if you want to, no matter what size it is. You can also take smaller sums as cash whenever you need to. 25% of your total pension pot will be tax-free. Youll pay tax on the rest as if it were income.
To withdraw, you must complete the Application for Withdrawal through MBOS. Paper withdrawal applications are not accepted.
You can see how much youve saved and what your employer has added too. The Smart Pension app shows what your pension savings are worth now, and - using basic assumptions what they may be worth in the future.
How to find old or lost pensions Step 1: List all the places youve worked. Step 2: Find your pension providers name. Step 3: Use the Pension Tracing Service. Step 4: Contact the pension provider to trace your pension.
To check your workplace and personal pensions, you can look at your annual pension statements or log in to your online accounts. If youre not sure whos managing your pensions and arent receiving regular statements, you may need to track down your pensions.
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