What is pension release?
Pensions Release or ‘unlocking’ is the term used for taking the benefits from your pension before you retire and getting up to the maximum tax free cash and/or maximum income. Taking benefits early will reduce the amount you will receive in retirement. Pension release is only suitable for a limited number of customers and circumstances.
Check this simple list to see if you qualify to find out if pension release is right for you:
- Aged over 50?
- UK Pension?
- Not taking benefits yet?
- Not still contributing to the pension scheme?
Is pension release right for you?
If you are over 50 and have a UK pension plan then you could be eligible to receive a tax free cash sum and/or income.
Make an enquiry and we’ll assign one of our pension consultants to your case.
What happens next?
- Complete the enquiry form and if you qualify for pension release, either print off the subsequent Letter of Authority detailing your current pensions and return it to us at the address provided, or we will send you a brochure with the forms included for you to complete and return.
- On receipt of your forms, we’ll conduct an investigation to establish any pension benefits you maybe entitled to.
- After discussing the options with you, you will receive a written report from your pension consultant confirming our recommendation in plain English.
If you decide to proceed, we will arrange all the necessary paperwork and ensure that you receive your tax free cash sum and/or income with minimum delay.
You are under no obligation to proceed with Pension Release at any time. If you decide not to proceed with Pension Release, then there are absolutely NO fees or costs payable at all. We only get paid if you release your pension.
Unlocking your pension will mean that your income will probably be considerably less than you could expect if you waited until your normal retirement date and as such is only suitable for a very limited number of people and circumstances. This service applies to pensions within the UK.
ENQUIRE NOW
Call our brochure request line
0845 680 0536