My Macmillan

Pensions and cancer

A pension is a long-term savings plan. If you are affected by cancer, thinking about pensions could be useful for many different reasons.

You might want to:

Types of pensions

There are three main types of pension schemes:

They all have the same aim – to help you save money for when you are older and want to retire. Or you may want to retire earlier if you are not well and are no longer able to work.

April 2015 changes

From April 2015, some types of pension have become more flexible. You may be able to take some of your savings early as a lump sum, to help you cope with unexpected expenses or some time off work.

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