What is pension release?
Your questions answered
How do I know if I have an eligible scheme, and what’s this talk about tax?
You cannot use pension release to take money early from the State Pension or unfunded public sector schemes which cover organisations and professions including the NHS, teachers, armed forces, civil servants, firefighters and the police.
Ok, but you haven’t mentioned the tax…
What happens to the money left in my pension?
Is pension release legal?
Why are people doing this?
Of course, you might have a completely different reason for wanting to take money early from your pension.