Am I Eligible?

If you are currently over the age of 55 with money in a pension and have not retired you are eligible to receive tax free cash. However please remember this rule is changing, from April 2010 you will no longer be allowed to unlock or release money from your pension until you have reached the age of 55.

Do we have to meet?

This is entirely up to you, we can work through the post or meet at our offices. We do not charge extra for meetings or telephone calls.

What exactly is Pension Release?

Pension release is taking your retirement benefits early. Legislation allows you to access your pension benefits from the age of 55 irrelevant of whether you have given up work or not. You do not have to claim any other pensions at the same time as accessing your lump sum and you certainly do not need to give up work or claim the State Pension.

When is Pension Release unsuitable?

Your pension is designed to provide you with your retirement income, by accessing your pensions early you are depleting your ultimate retirement income. We will explain all the implications prior to you making a decision.

Is Pension Release Right for Me?

From April 2010 you must be aged over 55 to release money from your pension early. If this is not normally possible if you are already receiving an income or benefits from the pension you would like us to investigate further, although this does vary from pension to pension. Please contact us for advice.
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I am in credit difficulty and may consider an IVA or Bankruptcy, is Pension Release right for me?

This is a particularly complicated area since your pension is often 'ring fenced' from creditors in the event of an IVA or bankruptcy. You are going to need specialist advice, please contact us.

I do not understand all of my pension paperwork, what can I do?

Pension terminology can be full of jargon and at Acorn Pension Release we understand this. If you are unsure of the type of pensions that you have please call one of our qualified advisers and they will talk through your options without charge. We will always explain everything clearly so you understand your pensions.

Pension Release sounds too good to be true, what is the catch?

Pension release is nothing more than accessing your pensions early. Under Government legislation you can retire at any age from 55 to 75, it is mere convention that we retire at 60 or 65. Having said this, by accessing your pension early, unless there is sufficient money already in the pension to match your standard of living your pension income is going to be lower than you would have hoped when you ultimately retire.

I am really confused, what do I do?

It is all too easy for pensions to become confusing because of their complicated jargon and rules. Our expert team can explain your pension to you in very simple terms and advise on the various options available to you.
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I have heard about SIPPs, are they suitable for me?

A SIPP (Self Invested Personal Pension) is a form of pension. A SIPP may be suitable for you if you are a sophisticated investor; our team of advisers will happily explain to you about a SIPP if one is required.

I do not want advice I just want my Lump Sum

Advice is provided in all cases to assess if it is a suitable route for you. Remember it is only suitable for a limited number of people.

My pension value keeps going down, how can I stop this?

If your pension is not monitored then there is a good chance it will not perform as you would hope. Where appropriate we recommend solutions to clients that guarantee you cannot get back less than you have invested. Our qualified team of advisers will be delighted to talk to you about these options.
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Our service is only relevant to pensions held within the UK. Removing tax free cash early from a retirement fund will almost certainly reduce your pension income in retirement. Remember it is only suitable for a limited number of people.