We are authorised and regulated by the Financial Conduct Authority
Reviews widget will appear here
The pension freedoms: at a glance
Introduced in 2015, the freedoms are the most radical change to pensions in a generation. As long as your savings are in an eligible scheme you can do the following from 55:
Withdraw what you want when you want to
Release the first 25% of your pension tax free
Set up a regular income payment
Change how your savings are invested
Buy an annuity
Choose one or more beneficiaries to receive any remaining funds when you die
Releasing pension money early isn’t right for everyone as it will leave you worse off in retirement. That’s why it makes sense to speak with a regulated financial adviser, such as Pension Access. Tax treatment depends on your individual circumstances and may be subject to change.
What pensions are eligible for the freedoms?
Personal and private pensions
Company pensions
The State Pension
Unfunded pensions
Are the pension freedoms right for you
While there’s a lot to like about the pension freedoms, the flexibility on offer can create a number of challenges.
You could end up with a large tax bill
You could run out of retirement savings too soon
Your pension investments need regular management
This is why so many people ask a regulated financial adviser for help.
Get started for free
We can check to see if the pension freedoms are right for you. Our initial investigation into your pension is free. And in most cases we can continue to provide full advice with no obligation. At any stage you can choose to walk away, better informed and with nothing to pay.
With our no obligation pension check discover if the pension freedoms are right for you.
Your permission
Complete and return a simple form giving us your permission to check your pension.
We analyse
Our team gathers and analyses all the information we need about you and your pension.
Your decision
We’ll send you a report, clearly stating what we think you should do. The choice is then yours.
Our initial investigation into your pension is free and in many cases we can continue to provide full advice with no obligation. If you decide to access the pension freedoms, we can take care of everything. This includes managing your pension for you. We would let you know in writing what the fee would be. Or, you can choose to walk away with nothing to pay.
Pension freedoms and your final salary scheme
If you have a final salary pension then you have a promise from your employer to pay you a guaranteed income for life from a set age. In certain circumstances it is possible to transfer this type of scheme to a new, modern pension to access the freedoms.
Doing so does mean giving up your guaranteed benefits, which for most people is not the best thing to do. That’s why you should speak with a financial adviser before making any decisions. And if your final salary scheme is worth £30,000 or more then by law you have to take this route.
Understanding annuities: a comprehensive guide to retirement income
Inflation, pensions, and gilts
Pros and cons of consolidating your pensions
Pension Access is a trading name of Harbour Rock Capital Limited which is registered in England & Wales as a Limited Company, No. 10290349. Authorised and regulated by the Financial Conduct Authority, No. 754580. Registered Offices: Affinity House, Beaufort Court, Sir Thomas Longley Road, Rochester, Kent, ME2 4FD. Telephone: 0800 304 7600. Email: pensionaccess@harbourrockcapital.co.uk
Your FREE information pack contains all the information you need to make an informed decision on wheter or not taking tax free cash from your pension is right for you.
Get your Free Info Pack
Complete the form and we'll send you an information pack in the post
Note: We are unable to advise on the state pension or any pension you are already taking an income from.
PRIVACY POLICY
[showmodule id="40065"]
What's in your info pack?
Taking pension money early isn’t right for everyone because it could leave you with a lot less to live on in retirement. That’s why it makes sense to talk with a regulated financial adviser first.
There is no obligation at all and if you choose to get a check of your pensions then we also include a pre-paid envelope and a consent form so we can access details of your pensions.
Your FREE information guide contains all the information you need to make an informed decision on whether or not taking tax free cash from your pension is right for you.
We're on hand in case you have any questions, and we aim to make the process of withdrawing cash from your pension as simple as possible.
We are regulated by the Financial Conduct Authority so you can rest assured that any advice we give will be based on your best interests.
Get your FREE info pack
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. More information