How can I access the money in my pension?
Ready to start using your pension? Here’s what to expect.
Whether you're planning ahead or ready to begin taking your pension, Thrive is here to guide you through the process. Step by step. No stress.
When can I access my pension?
You can usually start accessing your pension from age 55 - though this will rise to 57 from April 2028, depending on your birth year.
Once you reach the eligible age, it’s up to you how you use your pension:
- Take a tax-free lump sum
- Set up regular withdrawals
- Leave your money invested to grow for longer
You’re in control. It’s your money, and you decide when and how to use it.
How do I start?
It’s simple. Just get in touch with our support team. We’ll walk you through your options and make sure everything is handled securely.
Here’s how to contact Thrive:
- Call us on 01452 922000
- Email: help@mythrive.co.uk
- Live chat: Available on the Thrive website during business hours
Not sure what’s right for you?
Before making any big decisions, you can book a session with a Thrive financial coach or adviser. They’ll help you understand your options and what works best for your circumstances.
To book a session, just reach out to our support team using any of the methods above.
Are there any fees?
There are no charges for withdrawing your pension through Thrive. However, depending on how you access your funds, tax may apply. We’ll help you understand what this could mean before you make a move.
Still have questions?
That’s what we’re here for. Thrive’s customer support team is ready to help, whether you’re planning ahead or starting now. No jargon, no hassle, just clear, secure support every step of the way.