Access Tax Free Cash From your Pension
Are you over 55 and have a need for cash?
Do you have a pension that you are not currently receiving or contributing to?
Did you know that you could release a tax free cash lump sum and/or income from your pension before you retire.
Of course releasing your pension benefits could reduce your income in retirement and is therefore only suitable for a limited number of people and circumstances.
Which is why specialist advice is highly recommended if you are thinking about unlocking your pension.
Oakhurst Financial Services Limited can guide you safely through the process.
Do I qualify?
Are you over 55 with money in a personal or former company pension scheme? If so, you could take your tax-free cash lump sum and/or income early.
Taking benefits early will reduce your income in retirement and is only suitable for a very limited number of people and circumstances.
How much will I receive
The amount you can expect to receive depends on your particular pension scheme arrangements. We need to complete a thorough and detailed analysis of your pension scheme (or schemes) before we can answer this question. Once we have all the information required, we can tell you what you could receive in tax-free cash and/or income.
Releasing your pension benefits early could reduce your income at retirement and therefore is only suitable for a limited number of people and circumstances.
Do I have to retire
You can take a tax-free cash lump sum and/or income early 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.
What do I need to do now?
The process starts with you completing our 'getting started' form which is found to the right of the page. Once we receive your enquiry we will contact you to collect information about you, your pensions and your reasons for wanting to release money from your pension. All of this is essential for ensuring the advice you receive is tailored to offer you the best options available.
We will pass your information to our specialist pension adviser who will contact your existing pension provider and request in depth information about the schemes (including transfer values and benefits offered). Once acquired, all of the information is analysed and used to produce a report which is sent to you.
If you decide that pension release is indeed the route you wish to take, we will forward you all the relevant documents to proceed. Once received we will submit the documents to the relevant parties, and then actively chase the process from start to finish, keeping you updated every step of the way.
If you believe all other financial doors are closed and you think that pension release may be right for you, please complete our enquiry form on the right and one of our customer service representatives will contact you for a free, no obligation telephone consultation to discuss your options.
Releasing your pension benefits early is likely reduce your income at retirement and therefore is only suitable for a limited number of people and circumstances.