Pension Release Information
by Michael Ormond on December 11, 2007
Pension Release is a way of unlocking funds from pension schemes whereby you can release a cash sum rather than wait for the maturation of the policy. It is available to the over 50’s in the UK and should be a process, like any other financial matter, whereby you seek sound advice from parties regulated by the FSA ( as are GroveFP ) before making a decision likely to affect your financial future.
There are many sites online offering what appears to be impartial advice on the subject on pension release or pension unlocking, but here are a few which we feel can aid someone considering pension release to come to an informed decision :
- The Pension Service Web Team – The Department for Work and Pensions Information source
- The Pension Tracing Service – the Pension Tracing Service can help you track down an old company or private pension plan and has a database of over 200,000 occupational and personal pension schemes.
- Personal and Private Pensions – Personal and private pensions advice for the over 50’s
- Pension Trends – Pension Trends provides a statistical backdrop for the debate on pensions.
- Pension Schemes Services – Policy, operational and technical work relating to pension schemes.
Michael Ormond is a Financial Advisor specialising in Pension Release services.
