Born between 6 April 1955 & 5 April 1960?

If the answer to this is yes, there are important changes coming up that may delay your ability to access your pension savings.

Currently you are able to take pension benefits from your plan at any time after the age of 50, even if you are still working and even if you intend to carry on making pension contributions to your plan.

However, with effect from April 2010, Personal Pension Policy legislation will alter and you may not be able to access your pension savings that you have built up until your 55th birthday. This could significantly impact your retirement planning.

As you are approaching 50 or are already over 50 but not yet 55, it is very important that an Independent Financial Adviser reviews your pension provision and discusses how this change may affect your personal circumstances given your financial objectives.

Time is running out as pension companies often require lead time of around one month to make changes.