Pension drawdown glossary
The earliest age you can usually take money from a personal pension: currently 55, rising to 57 from 6 April 2028, unless you have a protected pension age.
Source: GOV.UK: increasing normal minimum pension age · Last reviewed 24 September 2026
See every term in the A–Z glossary. Definitions are general information for the 2026/27 tax year, not personal advice.
Important: The value of investments can fall as well as rise. You may get back less than you invest. Tax rules can change and benefits depend on individual circumstances. This is not financial advice.