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Answers to questions about pensions

Answers to questions about pensions

Here are the answers to questions that you might have about your Royal London pension policy.

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Can I cash in my pension policy?

No, you cannot cash in a pension policy. The law says you must use your pension fund to buy pension benefits. Pension benefits means a taxable pension income paid for the rest of your life and a tax-free lump sum that you can take with part of your fund.

When will I get my yearly pension statement?

We send most pension statements in June, July and August, although we send some at other times of the year, depending on the type of policy that you have.

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