Pension Release, Unlock The Tax Free Cash In Your Pension
What is Pension Release?
Pension Release is when you take the benefits early from a pension that you are not currently receiving. You can release up to the maximum tax free cash allowed and use the balance to either take a monthly income, or invest the balance to try to improve the monthly income you would receive when you retire.
Releasing your pension benefits early could reduce your income at retirement and therefore is only suitable for a limited number of people and circumstances.
Do you need to access the cash in your pension?
With pension release you may be able to access your UK pension funds and release some much needed cash. If you are aged between 50 and 62, with a UK company or personal pension, pension release may be an option for you.
Pension Release Rule Changes in 2010
In April 2010 there is a change to UK pension laws, increasing the minimum retirement age from 50 to 55.
If you are considering releasing the cash in your pension and you will be under 55 in 2010, now is the time for you to begin your enquiry into pension unlocking. Start your enquiry now by completing the form on the right and see if you are eligible for pension release.
Would you like more information on Pension Release?
Simply complete the Start Your Enquiry form on the right and if you qualify we will send you a FREE Information Pack.
You are under no obligation to proceed and there are no costs involved if you decide not to proceed with Pension Release.