What happens if I retire?
When you reach age 65 or you notify us that you satisfy a ‘condition of release’ such as permanent retirement or leaving employment after age 60, we will convert your TRP to a retirement pension. This will also allow you to withdraw lump sums.
Please note: The information above is general in nature and should not be relied upon as personal advice as your personal needs, objectives, and financial situation have not been considered. Before making a decision about any smartMonday branded product you should consider whether it suits your particular circumstances, and, where appropriate, you may wish to seek financial advice specific to your needs. If you do not have a financial adviser, you may contact us to ask about the advice services you can access through your membership.