If you have a Pension fund in a previous employment scheme, you may be able to release 25% of the fund as a TAX-FREE LUMP SUM. Everybody’s situation is different and our Advisors will examine your Leaving Service Options and payments calculation with the previous scheme and advise on an approved, regulatory pathway for securing your tax-free lump sum and early retirement benefits.
Retirement from Ill-Health
Many workers are forced to retire due to ill-health or an incapacity to continue working in their previous occupation. While consent to early retirement on the basis of ill-health is usually at the discretion of the Trustees of the Employer’s scheme, this consent can be forthcoming based on clear and proper medical evidence and an ill-health claim may be considered with an enhanced tax-free lump sum in certain circumstances.
We will assist you with the detailed claim process in a discreet, efficient and timely manner, ensuring that your full pension and statutory retirement benefits are paid.
Cash from an Early Retirement Option in your 50s may be a real and timely boost to your finances:
- Third level fees
- Paying off the mortgage
- Reducing debt
Are some of the main advantages of pension cash release in your 50s. These are important considerations which may affect your income in retirement.
Our Advisors will talk you through the process and assist you with the detailed claim.
To release some pension cash from a previous Employer’s scheme, call us today and get an Experienced, Independent Financial Advisor working on your case.
What’s Your Status?
You can contribute to various types of pensions depending on your employment status.