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Pension tax-free cash

With an eligible pension you could take up to 25% of your savings tax free from the age of 55. We are authorised and regulated
by the Financial Conduct Authority
FSCS Protected

Pension tax-free cash

With an eligible pension you could take up to 25% of your savings tax free from the age of 55.

We are authorised and regulated
by the Financial Conduct Authority

Taking pension money early isn’t right for everyone because it could leave you with less to live on in retirement. That’s why it makes sense to talk with an independent and regulated adviser, such as Portafina, first.

What pensions are eligible for tax-free cash?

  • Personal and private pensions
  • Company pensions
  • Final salary pensions
  • The State Pension
  • Unfunded pensions
What pensions are eligible for tax-free cash?
Get started for free

Our initial investigation into your pension is free. And in many 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.

How it works in 3 easy steps

With our no obligation pension check discover how much tax-free cash you could take and if it’s the right thing for you to do.

Slide Step 1
Your permission
Complete and return a simple form giving us your permission to check your pension.
Slide Step 2
Our boffins
Our specialists gather and analyse all the information we need about you and your pension.
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Your decision
We’ll send you a report, clearly stating what we think you should do. The choice is then yours.

If you decide to make a change to your pension, including releasing money from it, we will take care of everything for you. We’ll also let you know in writing what the fee would be. Or, you can choose to walk away with nothing to pay.

Slide The number of pensions accessed for the first time since 2018.1 Over 1.3 million

Why so many people are releasing pension money2

Slide 7% 32% 21% To make home improvements To tackle a debt To buy a
new car

What you’ll get with Portafina on your side

  • A no obligation pension check
  • Impartial advice from regulated specialists
  • Ongoing advice and management of your pension
  • A fast, efficient service: we make the process easy for you
What you’ll get with Portafina on your side

Taking tax-free cash is a big decision, especially if you have a pension with valuable guaranteed benefits. It’s about weighing up the positive impact taking pension money early could have on your life right now with the potential loss of retirement income in the future.

We consider many different factors for our clients: from their current finances and objectives, to their plans for retirement and beyond. And we will forensically analyse each pension scheme to make sure each client is clear on all the pros and cons of making a change to their pension pot before any final decision has to be made.

1FCA Retirement income market data 2019/20
2 Portafina statistics: primary reasons for clients taking tax-free cash: up to 4th Nov 2020