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Did you know that you might be able to get a Tax Free cash sum from your pension or that you
might be able to take an income from it now? You should be aware that in 2010 the minimum age increases to age 55 so you may wish to take action now!
Pension Unlocking refers to taking the benefits of a pension early. You could get up to 25% as tax free cash and invest the balance or take a monthly income.
The pension industry is a
complex one but with the right advice you can make sure that your pension will
provide what you are looking for. Many people have simply allowed their pensions
to sit in the original scheme which may not offer you the future you are looking
for.
Willow Pensions will ensure
that you receive a free no obligation review of your current
pension arrangements. When this has been completed you will have the opportunity
to discuss your requirements as well as what options may be open to you, with
skilled and qualified financial advisers specialising in pension and investment
advice.
You must consider that taking any of your pension benefits early will very
likely mean that you get less when you choose to retire. Pension release is only
suitable for a very limited number of people and circumstances.
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