Guidance

Pension flexibilities and DWP benefits

How defined contribution pension flexibilities from April 2015 could affect entitlement to benefits.

Documents

Welsh: Hyblygrwydd pensiwn a budd-daliadau’r Adran Gwaith a Phensiynau

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Details

From 6 April 2015 people aged 55 and over have more flexibility about what they do with their defined contribution pension savings. This is where they build up a pot of money rather than the right to a pension.

This fact sheet explains how the new pension flexibilities could affect someone’s future entitlement to benefits.

Published 27 March 2015