Could you Release Cash From a Pension?
- You have a pension you're not receiving income from
- You're under 55 and looking for legal access options
- Your pension is valued at £40,000 or more
- You want to raise funds without depleting your pension
- You’re cautious of scams and want an FCA-regulated solution
How we can help
Could you release cash from an old work pension?
If you have an old work or company pension, it may be possible to release cash depending on your particular circumstances.
Read more
I want to retire early, what are my Pension Options?
It may be possible to release cash from your pension early.
Read moreWho Is Eligible for Pension Release?
At Pension Release NI, we partner with FCA-registered, specialist pension transfer companies to offer secure and compliant Pension Transfer options - commonly referred to as Pension Release.
While the term "Pension Release" may suggest early access to funds, our services do not involve withdrawing money from your pension pot. Instead, they focus on restructuring your dormant pension through a legal and tax-compliant transfer to a trusted provider.
As part of this process you are able to raise funds to be used as you wish, this could be a holiday, new car, to pay off debt or start a new business, all while keeping your pension fund invested and intact for retirement.
Be Cautious: Not All Pension Services Are Legal
It's important to be aware of unauthorised schemes that claim to "buy" or "sell" your pension or offer early cash withdrawals. These types of arrangements often result in severe tax penalties and are currently unlawful in the UK. Our service provides a fully legal, HMRC-compliant alternative designed to safeguard your long-term financial wellbeing.
Do You Meet the Criteria for Pension Release?
To determine if you're eligible for our Pension Release services, ask yourself the following questions:
Q Do You Have a Pension You're Not Receiving Income From?
We specialise in working with pension funds that are not currently paying out income. These are typically pensions that:
- You are no longer contributing to
- You are not yet drawing any income from
- Are held with a previous employer or provider
If you're currently receiving payments from your pension - such as regular income or drawdown - you will not be eligible for this service.
Q Are You Under the Age of 55?
Generally, UK pension holders over 55 can access part of their pension under current rules. However, if you're under 55, you typically cannot withdraw funds from your pension - unless you are in very poor health.
Our solution is designed specifically for individuals under 55 who want to take a proactive approach to managing dormant pensions without breaking any laws or regulations. You remain invested, and your full pension becomes accessible at retirement age - just as intended.
Q Is Your Pension Worth More Than £40,000?
To be eligible for our Pension Release scheme, your dormant pension fund must currently be valued at £40,000 or more. If your pension value is below this threshold, you may not qualify at this time.
If You Answered "Yes" to All Three Questions...
You may be eligible to restructure your pension through one of our approved providers and potentially benefit from a Pension Transfer Payment. Our friendly, knowledgeable team is on hand to provide a free, confidential pension review and guide you through your next steps.
Not Sure About Your Pension Details?
If you're uncertain about your pension's value or even who your provider is, don't worry - you're not alone. You can use the following official resources to check the status of your pension:
https://www.moneyhelper.org.uk/
https://www.gov.uk/find-pension-contact-details
Once you have the basics, reach out to us and we'll take care of the rest.
Ready to find out if Pension Release is right for you?
Call us today or fill out our contact form to start your free pension review:
