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Pension Release - how can you release your pension?

Pension ReleaseIt is not actually possible to “release” your pension, but people often ask if they can do this to access the tax free cash in their pension plan.


What you must remember is that taking cash from your pension via pension cashing in is only suitable for a limited number of people in particular circumstances, as this is the money that you will need to live on when you are no longer working and retired.


If you have mounting debts and have no alternative as sources of credit are no longer open to you, then we may be able to help.


Cashing in your pension means that you can take, usually, 25% of your pension fund as a tax free lump sum, providing you are over 55. However, it is possible to defer taking the income from the annuity until you actually retire in some cases. Contact us for advice.

 

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.


Please go to our home or service pages for more information


Remember - the income you receive in retirement will almost certainly be reduced by following this course of action
 

www.pension-tax-free-cash.co.uk is a trading style of Asset Investment Management Ltd, a highly respected Independent Financial Adviser in Norwich. We are regulated by the Financial Services Authority and carry substantial Professional Indemnity Insurance, so you can be assured of a qualified and reliable service.

Tax free cash from pension   Cashing in a pension   Take a lump sum from a pension   Pension release   Pension surrender
Unlocking a pension   Pension withdrawal   Selling a pension

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