Pension Release

Pension Release is the process of taking a Tax-Free cash sum from your UK pension to spend how you wish. You could even clear your debts! FREEPHONE 0800 028 2001 for more details.

In many circumstances, your pension-fund could hold the key to accessing some tax-free cash. You may have considered releasing money for many reasons, such as;

for further investment elsewhere
to clear existing debt
as a debt consolidation program
as an alternative to taking a loan
to make a beneficial financial settlement
to clear a mortgage or other loan

...and many more.

For example - in certain circumstances, another loan is the last thing you want. Furthermore, if you have financial difficulties then it's not uncommon for loan companies to take advantage, with higher rates or security demands.

So as part of a sensible financial-planning exercise, releasing cash from your pension could be a real option for you. If you've been paying into a pension scheme for more than five years, the chances are we can help.

Pros and Cons
Ultimately, you will be reducing your final pension fund by the percentage released, and as a result, the payments you receive during retirement may decrease. For this reason, Pension Release is not for everyone.

However, in many cases where a cash sum is required, it is a tax-free way of releasing capital before your retirement.

Need to beat the 2010 deadline?
The Tax-Free sum available is generally up to 25% of the fund value, and currently you have to be over 50 to be qualify.

However, in 2010 the government will raise the eligibility age to 55. This means if you are currently over 50, you oly have until this date to apply for this facility.

How Long Does it Take?
You will need to complete some questionnaire forms, and we will need to contact your pension company - who also need to release the funds if you decide to proceed.

We will keep you fully informed throughout, but due to these variables, a timescale is hard to predict. Therefore it should be noted that Pension Release may not necessarily be a 'quick-fix' to a short-term financial problem.

Is it Right for Me?
As with many retirement planning options, Pension Release is likely to be suitable only for a certain type of customer or in particular circumstances. We therefore highly recommended you seek qualified, independent financial advice in order to carefully consider your options.

Get the Full Story
Dunure Asset Management can offer you specialist, helpful and clear advice on Pension release, to help you make an informed choice. Our qualified advisors will ensure any decision is made only once you have all the facts in hand, and only as a result of establishing your personal wishes and criteria.

Why not call us today?

Get the most out of your retirement.
Call us today on: FREEPHONE 0800 028 2001