Pension transfers are still available although not 100% tax free.
You can release money from your UK pension now whilst still retaining future retirement benefits. This could be a good thing in these financially hard times.
There is a huge crisis in the UK as far as pensions are concerned. At the start of the Nineties, a £100,000 pension fund would have guaranteedan income of £15,640 a year for life, 23 years on, a 65-year-old man will secure just £5,140 a year.
If you would like to know more and to find out if you can release funds from your pension then contact us, you can find our advert on the services page.
Do not fall into the trap of thinking your future retirement will be rosie