Release CASH from Your pension Fast
100% FREE + Release £1000's from your pension

Privacy Policy

Frozen Pension

Frozen Pension

Have you ever wondered what it would be like if you could just have a quick go at all those funds you’ve been saving away at the office and any office you’ve ever worked at? Unlocking your frozen pension can fulfill your desires! Sometimes, when pensions are performing poorly, or they are unable to keep up with cost of living increases, it may be necessary to unlock the hidden potential in your already existing pension plan. Even more so if you have frozen pension, which are pensions that you have earned at other employment but you left employment there before you could withdraw. That money is still yours! If your pension is leaving you disappointed with high interest rates and poor returns, you should consider unlocking our pension! Let me tell you a little more about how you can do that.

Frozen Pension Online:

Unlocking a pension can give you access to funds that are normally not released until you retire. Due to scheduled regulations regarding the release of funds, the money is closely guarded and can be released if you qualify. First, you must realize that the process, although quick, is complicated. It will take between six and eight weeks for your pension to be fully processed, but it can help you pay off large sums of debt, or help stabilize your income if you’ve been injured and may no longer work. Other concerns such as frozen pension or medical emergencies also merit enough severity to withdraw your pension funds early.

A Frozen pension can be obtained by anyone between the age of 20 and 55 who is not currently receiving any benefits from the pension they wish to access. As long as you have at least 15,000 PS in the pension account, it is possible that you can withdraw up to 90% of the funds you have saved. Don’t forget that they may be tax penalties associated with an early pension unlock of any amount over the first 25%, which is non-taxable if you request that the fund be given to you in one lump sum.

Frozen Pensions:

A frozen pension is not something that should be taken lightly so consider all your options before deciding to use a pension fund for something that you could get a conventional loan for. Make sure that whomever you choose to represent your financial interests is able to differentiate between the closely related state benefits, and a pension release. If you are for any reason, unsure, unclear, or uncomfortable working with your finance adviser, let them know what you need in order to make the switch easier for you. Do not let anyone pressure you into making a withdrawal from your pension unless YOU want to, as it can easily effect your living standards for the rest of your life.

Frozen Pension Information:

Be cautious if you choose to invest the released funds into another scheme and make sure you have plenty of backup options prior to any new actions, in case the action does not result in the payout you had anticipated, or worst case scenario, if you lose everything you withdrew. If you use the 25% you requested and you still need more funds after that, you can remove up to 65% of additional funds (for a total of 90%) but remember that this 65% is going to be taxed this time, and there may be an income tax penalty as well. Choosing your investments wisely and making sure your financial advisor is there to help you can make cashing out your pension a really pleasant and beneficial experience. Inquire today!

Contact our Frozen Pension team today to find out more…Our Frozen Pension team have a wealth of experiences regarding Frozen Pensions….