“Your admin team kept me up to date with what was happening with my application and at what stage it was, as it progressed.”
S Lee
Manchester
March 2008
Frequently asked questions
Am I eligible for Pension Release?
Do I have to retire to receive a lump sum?
If I draw a pension as well as a lump sum, how will this be paid?
Will the amount of money I receive change from what is quoted?
Will a Pension Release scheme affect any of my state benefits?
Do I have to pay monthly premiums to the policy after I’ve released my pension?
Can I continue to work whilst taking early benefits?
How do I get more information on Pension Release?
Taking any of your pension benefits early is likely to reduce your income at retirement. Therefore, pension release is only suitable for a very limited number of people and circumstances and should not be seen as an easy option for raising cash. This is because a pension is designed to provide you with benefits when you retire.
Braemar Financial Planning Ltd. is authorised and regulated by the Financial Services Authority.
Registered Office: Braemar Financial Planning Limited, Hadlow House, 9 High Street, Green St Green, Kent BR6 6BG.
Company Reg No. 3657946
PENSION RELEASE QUESTIONS
- > What’s the catch?
- > Who’s eligible?
- > Do I qualify for Pension Release?
- > How much of my pension can I release?
- > Do I have to retire to receive a lump sum?
- > Can I sell my pension?
GLOSSARY OF TERMS
- > Pension release
- > Personal pension scheme
- > Pension surrender
- > Selling a pension
- > Unlock a pension
- > Cashing in pensions
- > Company pensions
- > Frozen pensions
SITE LINKS
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