Flexible help from your pension

Ever thought about using your pension to get you over a hurdle?

Not all of us take our pension and retire at 55 years old, most of us need to work longer, but just because we don’t retire then, doesn’t mean to say that our pension cannot be accessed then.

As long as you take money from your pension, with guidance, to ensure you have enough to live on in your later years; using small amounts of the 25% tax free lump sum to help you through costly phases in your life can be a good way of using your pension, even if you have not retired.

Now is a good time to check out your pensions, look at what you have, make sure you are not paying more in administration fees and find out if you too can use some of the lump sum money to help you live for today.