Retirement

Practical Support

For some people retirement may mean a change to your financial situation. Finding out about an unexpected bill or having to manage finances can put a strain on your money.  

If you're finding it's a struggle to pay household bills or debts, having the right information can help you deal with your situation and put your mind at ease.

Plan your money:

• It’s always good to understand your budget, even if your income hasn’t changed.  

Know what income you are entitled to:  

• Check your pensions: The Department of Work and Pensions have established a Pension Tracking Service that can help people more easily and quickly locate their lost pension savings and then offer advice so you understand what you can do with them
• Check your benefits entitlement or Turn2us 
• Help with regular bills: Age UK can advise on initiatives that could give you help with regular bills and outgoings

How Lowell can support you

Lowell understands that receiving an unexpected bill or notification of an outstanding debt can be worrying, so we have lots of support available.

How we can help:

• An affordable payment plan: All our payment plans are flexible, and we'll agree a payment plan that is affordable for you. As your situation changes, you can change your payment plan to suit you.
• Giving you time: If you’re worried you won’t be able to make any payments right now then that’s OK. Get in touch to let us know and we can give you time.
• Support managing your account: If you’re finding it difficult to manage your account you can authorise someone you know to help you. They can be the point of contact to discuss your account.

If you want to find out more about how we can help, you can contact us.