Help available over getting right pension

An initiative to help people get the correct advice on their pension will be delivered in the borough.

North Tyneside Citizens Advice Bureau (CAB) is one of the first 44 bureaux in England and Wales to be named as delivery centres for face-to-face Pension Wise sessions.

Each delivery centre will have between three and seven paid members of staff providing pension guidance, depending on the numbers in the local population.

People will be able to go into any Citizens Advice Bureau to find out about the Pension Wise service, whether they are eligible and be referred to book in with the nearest delivery centre.

Access to guidance and information will be available over the phone from The Pensions Advisory Service (TPAS) and online through the Pensions Wise website.

The national Citizens Advice service is working with the Treasury to make sure as many people as possible can easily access a face to face Pension Wise session.

Nationally, Citizens Advice has had an excellent response to its recruitment drive for Pension Wise agents and caseworkers.

Mark Almond, bureau director at North Tyneside CAB, said: “Good guidance is a crucial step towards a financially stable retirement.

“North Tyneside CAB has a strong history of helping people across Northumberland and Tyne and Wear.

“We already support people with many of the issues affecting retirement so we’re pleased to be a delivery centre for Pension Wise.”