If you’re planning your retirement, the amount of money you’ll have to live on is probably one of your biggest concerns. The rules for pensions can be complicated, and now some of those rules have changed for people who have a pension plan that they – and in some cases also their employer – have been paying into over the years.

The most important thing, especially if you have retired or you’re about to retire, is that you understand how these changes will affect you. It’s your money, after all, and it’s up to you to make the most of it and have a happy and trouble-free retirement.

The following help sheet can give you useful guidance on how the rules have changed, what the options are for you and some other contact points for expert advice.