OVER 55 AND NEED CASH?
Did you know that you can release TAX FREE CASH from your pension before you retire?
Pension Release is the process of taking a Tax-Free cash sum and/or income from your UK pension in order to meet a specific need before you reach normal retirement age.
If you are over 55 and have a need for cash you could release money from your company or personal pension NOW. (This service DOES NOT apply to STATE PENSIONS and you must not be receiving any benefits from your Pension). Read More ...
HOW MUCH?
You can normally release up to a maximum of 25% of your pension fund value, the balance of your pension will then be invested to provide you with an income in retirement.
DO YOU QUALIFY?
You may qualify for pension release if you are; Aged over 55, Have a UK Pension, Not taking benefits from the Pension you wish to investigate. This Services does not apply to State Pensions.
ABOUT THINK PENSIONS
Think Pensions can help you locate a company who will perform a FREE, NO OBLIGATION review of your Pension to see if releasing a Tax-Free Cash sum is right for you.
It is worth pointing out that the whole purpose of making contributions to a pension scheme is to provide an income during retirement. It is therefore important to be aware that releasing your pension benefits early could reduce your income and your standard of living in retirement. This is why Pension release is only suitable for a limited number of people and circumstances and shouldn't be seen as an easy option to raise cash.
