Despite remaining complex, pensions offer you far more flexibility from the age of 55 (rising to 57 from 6 April 2028) than was once possible.

This is the age at which you are allowed to access some pension savings.

For some it may not be a moment too soon. Others may be more relaxed and might not be thinking of drawing any pension income for many years.

What can and can’t you do from the age of 55, and what are the pros and cons of drawing money from this age?

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