How it works?

Am I Eligible?

If you are over 50 with money in a personal or old company pension scheme then you could be eligible to receive a tax free cash sum and/or income.

Do I have to retire to receive a lump sum?

In a word - No.

You can take tax free cash and/or income and continue to work although we will not be able to release funds from your current employer's pension if you are still eligible to make contributions.

How much will I receive?

Because the circumstances surrounding each pension are different, we need to make a thorough and detailed analysis of your pension before we can give you a complete answer to this question. Needless to say, once we have all this information we'll analyse what you can receive in tax free cash and / or income or a combination of both.

How much does it cost?

We will investigate your pension and provide you with a written report which sets out our recommendation.

In the report we will provide you with a quotation detailing all the costs. For example your pension company may deduct monies as a penalty for you taking the funds now. Any pension company recommended has setting up charges that would be deducted, out of which they would pay our fees by way of commission.

As we said earlier, pension schemes are complicated and have different sets of rules and regulations therefore the amount of work we have to do varies for each person. Sometimes we need to charge an amount in addition to any payment we receive from the pension company. This would be deducted from your cash sum before it is sent to you (so you don't have to write us a cheque at any time). The amount of commission and, if charged, the fee will be confirmed in writing before you make any decisions.

If I draw a pension as well as a lump sum, how will this be paid?

You have the choice of having it paid annually, half yearly, quarterly or monthly; either in advance or arrears and either increasing each year or remaining level in payment. The type of pension will not be decided until we have assessed your needs, but if you have a pension that is level in payment throughout, inflation will reduce the buying power of a level pension. You can also make provisions in the event of your death for a pension to continue to your spouse and / or dependents.