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Privacy Policy

Can I cash in my private pension at 45

You may have seen over the years and in particular recent times that there has been media coverage, newspaper adverts and radio ads about the possibility of being able to; ‘cash in my pension at 45’. How true is this statement? Well it is possible to cash in your pension at 45 but you could face some charges or tax costs in doing so. The UK economy is now and the fact that there are people losing their jobs and we face uncertainty now that jobs are becoming harder and harder to come by. There are a lot UK redundancies and companies going bust or in debt. This is why people are looking at cashing in or obtain cash from their private pension at the age of 45. Being 45 is only 10 years of the retirement age, so you need to really assess whether it is worth cashing in or trying to get cash from your private pension at the age of 45. So again we ask ourselves as do a lot of people; can I cash in my private pension at 45? And again yes it is possible!

Can I cash in my private pension at 45

You may have seen over the years and in particular recent times that there has been media coverage, newspaper adverts and radio ads about the possibility of being able to; ‘cash in my pension at 45’. How true is this statement? Well it is possible to cash in your pension at 45 but you could face some charges or tax costs in doing so. The UK economy is now and the fact that there are people losing their jobs and we face uncertainty now that jobs are becoming harder and harder to come by. There are a lot UK redundancies and companies going bust or in debt. This is why people are looking at cashing in or obtain cash from their private pension at the age of 45. Being 45 is only 10 years of the retirement age, so you need to really assess whether it is worth cashing in or trying to get cash from your private pension at the age of 45. So again we ask ourselves as do a lot of people; can I cash in my private pension at 45? And again yes it is possible!

Why do UK policy holder want to cash in their private pension at 45?

The main reason people of the UK ask; can I cash in my private pension at 45 is because of the following reason (well at least we have found anyway):

• Need to pay of bills or debt
• I want to go away on holiday
• I need to pay my rent
• I need that added security

Well, as you can see there is a variety of reasons why we speak to clients that want to cash in their pension at aged just 45.

Key pension polices; Can I cash in your pension at 45 ?

We have already looked at the reasons why and if it is generally at all possible to cash in your pension aged 45, but what about the key polices? There is a number of polices you may have at aged 45, these can include:

Defined benefits
Private pension ( you may be able to cash in this pension at 45)
Company pension
Personal pension
State pension

 

If you really are determined to cash in your pension at 45 then you need to speak with your pension policy holder to find out what type of polices you have or if you have any particular pension polices that do not allow you take your pension cash from any private pension policy.

 

 

You can speak to us about cashing in private pension if:

Can I cash in my private pension at 45 ?
Can I cash in a normal private pension

Feel free to use the contact form or phone number above to get in touch and discover what your options are regards your pension.

Aged 45 your private pension maybe with the following companies:

Can I cash in my private pension at 45

Can I cash in my private pension at 45

Can I cash in my private pension at 45

Can I cash in my private pension at 45

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In accordance with the financial services and markets act 2000, Pension Services DOES NOT provide any financial advice on any products offered. Pension Services is not authorised by the financial conduct authority. Pension Services is an introducer to various companies who offer products here in the U.K. Pension Services recommends you seek independent financial advice if you require any clarification on any product offered.