For those of you with money locked in personal pension schemes which have a long time to go until fruition, Pension Release has long been a method by which you can cash in or unlock money invested and paid into such schemes.

Simply speaking one has but to go to an approved ( by the Finanical Services Authority ( FSA ) - Financial Adviser and ask them to submit your details, following the correct processes to your Pension Scheme Provider.

Sound Financial advice is generally of great benefit to the consumer as many sytems and processes ( particularly in the field of Pension Release ) can be handled to your benefit. Naturally a financial advisor will charge either a flat fee or a percentage for their troubles, but their halp and adice can often increase the amount available for you to withdraw and protect you from tax penalities at the same time.

Casing in your pension or pension release will leave you with a lower residual income upon retirement, but if you are comfortable already there is no reason not to cash in a redundant policy and use the money for your (or your family’s) immediate benefit.

More information on Pension Release is available at Grove Financial Planning : Personal Pension Release