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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!

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.

 
 
 

IFM here to help ordinary people through the recession
Aged 50 or over and have recently been made redundant or are self- employed and struggling to find work?

Pros and Cons
Pension Release is not for everyone

Call us now on 0845 066 9432 or click here to email >
Authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate will writing and not all forms of long term care plans. IFM Utility Service is not authorised and regulated by the Financial Services Authority. Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured on it. Think carefully before securing other debts on your home. A fee of up to £670.00 inc VAT may be charged on completion of your mortgage. A fee of 1% of advance or £930 inc VAT whichever is the greater may be charged on completion of your lifetime mortgage or home Reversion Plan. The Financial Services Authority does not regulate Buy to Let Mortgages.Terms and conditions apply. Written details on request. Tax relief's and allowances referred to are those currently applying and are liable to change. There value depends upon the individual circumstances of the investor.

 

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