If you are between age 551 and 75, and you have a need to raise cash, you may be able to release a pension that you have not yet drawn on. This could allow you to take your cash and / or income early.
 
It is important to know that pension release will reduce your retirement benefits and is not suitable for the majority of people or circumstances. Pension release should not be seen as an easy option for raising cash. 

Why choose Retirement Direct?

Cost

We'll provide a no obligation review of your needs and objectives, and the future implications of any decisions to determine if pension release is appropriate for you. Any costs will be agreed with you in writing before you are committed to pay us. 

Convenience

Our pension release service is carried out by telephone, post and online. No salesperson will call at your home. 

Impartiality

We'll advise you impartially of what is the best course of action, and make you aware of more appropriate alternatives to funding your need for cash. These alternatives could include debt consolidation, remortgaging or other borrowing, use of other existing assets or applying for state assistance. At no time will we attempt to sell you a product or pressure you to proceed. 

Clarity

We regularly review all our literature to ensure our service and advice is delivered in plain english. 

Independence

We are independent, and therefore able to provide advice on a wide range of products and providers. You can therefore rest assured that we can provide the right solution for you, whilst providing excellent customer service. 

Ongoing Service

if you decide to proceed, our service doesn't end when you receive your lump sum or income. We provide ongoing advice in respect of any funds remaining invested, and are always available to answer any queries you may have.

Our aim is to help you make the right choice in order for you to meet your financial objectives now, and in the future.
  
If there is an alternative method of meeting your objectives which offers better long term value we will recommend this and will put you in touch with an organisation that can help.
 
Only when these alternatives have been investigated can accessing pension benefits be considered suitable.
 
1Current legislation allows you to potentially take your pension benefits if you are age 50 or over.
 
However, due to the complexity of Pension Release, and the timescales involved, we are no longer accepting enquiries from people affected by the change in pensions legislation, due to come into force on the 6 April 2010, which will increase the minimum pension age to 55.
 
Retirement at earlier ages may still be possible on the grounds of ill-health, specialist occupation, or if granted under scheme rules.