This is one of the most common questions we get asked. Therefore we have created this page to specifically answer it.
The answer is YES . . . . but your existing provider may only be able to pay you the lump sum if you also take out an annuity - the very thing you don't want to do.
The good news is we can help you do exactly what you want. See example questions below.
The important thing is that you don't ask your current pension provider to pay you the lump sum as otherwise you may not have any other option other than to take the annuity.
Many people want to realise their Tax Free Cash before retirement but also understand that it would be mistake to start to take an income from their pension too early. Most Personal Pension contracts are set-up to provide both an annuity and a pension lump sum at the same time.
By transferring your pension to a different type of pension plan, we can arrange for you to take your pension lump sum now, but NOT a pension income or annuity until you want one. This website is packed full of information on how we help you to do this. By using the panel on the right, you can request no obligation quotes, a FREE guide, ask us a further question or arrange for us to call you.
We do all the work for you and keep you updated at every step along the way. We are regulated and authorised by the Financial Conduct Authority (FCA) and the vast majority of customers who use us, score us 10 out of 10 for the service we give them and the way we look after them.
Most importantly we continue to work with them over time to ensure that the remaining 75% of their fund is managed in line with their wishes.
For further help and information on how to release pension lump sum then please feel free to contact our team on 020 33 55 4827 and we look forward to assisting you.
Speak to us today to find out how to release pension lump sum