In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at money@inews.co.uk.

Question: I’m 63 years old and have an ISA worth £40,000 that is currently invested in a one-year bond. That bond reaches maturity this year. Can I move the money in my ISA into my workplace pension and is there any advantage to doing so as I approach retirement?

Answer: While you cannot transfer money directly from your Cash ISA to your workplace pension, you can withdraw the money tax-free and use that money to make a contribution to your retirement pot.

Given y

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