You can delay taking money from your pension pot to allow you to consider your options. Reaching age 55 or the age you agreed with us is not a deadline to act. Delaying taking your money may give your pension pot a chance to grow, but it could go down in value too.
Your policy can be extended to a maximum age of 75. You will need to choose one of the other options by the time you reach 75.
Please read about Pension Scams and Pensions Advice.