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Pension
release, Tax Free Cash, Pension Unlocking, Pension release, Tax Free
Cash, Pension Unlocking
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Tax Free Cash from your Pension
You may be able to clear your debts by unlocking your pension
If you
are struggling to pay credit cards, home loans and other short term
debt, you may find that you are no longer able to re-mortgage your
home to clear debts owing to the tight lending policies of the
banks.
You may not have realised that there is capital you can access after
all. Pension Release, or Pension Unlocking, may be a solution, as
you can't simply sell your pension or surrender your pension.
If you are 55 and have a UK Personal Pension or Retirement
Annuity Scheme, then we may be able to help. Sorry, we can't assist
if you have a company pension scheme.
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We do NOT get involved in highly
dubious "Pension Loan Schemes" which promise to exploit loopholes in
legislation. The FSA is looking into these at the moment and the tax
implications.
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What is Pension Release?
Pension
Release is a means whereby you can unlock the benefits from your pension
before you retire. This usually means taking the maximum tax free cash
(25% of the fund) and/or maximum income. Of course, taking benefits
sooner rather than later will reduce the amount you will receive in
retirement. It is only suitable for a limited number of people and
circumstances.
The
Financial Services Authority produce a guide which can be accessed and
downloaded
here. The booklet covers pensions in general but Pension Release is
covered on page 11.
We have also
produced an example "Case Study" which you can read and/or download
here
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What should you do next?
 Read
through the rest of this site then get in touch!
Our FAQ section should answer most of your questions, but we are
just a mouse click or a phone call away, so if you need to ask
anything then just get in touch
Testimonials
"I thought I'd ring to tell you the money has gone into my account.
Thanks very much for sorting it out for me" - Mr McL, Dover
"The money arrived 3 days ago, and was most welcome. I really
appreciate the help you have given us" - Mr B, London
"Thanks for.... and your help. If I hear of someone who wants to buy
an annuity I'll certainly recommend your company." Mr B.B., Saffron
Walden
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