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Pensions Glossary

Overwhelmed by all the pension jargon? Fear not, our pension glossary has you covered. All the important terms and acronyms explained right here.

What is Selected Retirement Age?

Now that there’s no default retirement age, you’ll be asked, when you open a pension, to choose the age when you think you’ll use your pension pot. This is known as your selected retirement age. You can change this with your provider if your plans change.

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