Deferring my pension

NIGEL'S STORY - 66 YEARS OLD
Nigel has reached his State Pension age but is still working as a pub landlord. Having looked at the income his pension would provide, he doesn't feel that retiring now would give him enough to maintain his current lifestyle. He hopes that in a few years’ time his pension savings might generate a more comfortable income. Nigel does not have any valuable guarantees on his pension pot so if he wants to defer taking his money, it is fine for him to do so.