Most Independent Financial Advisers will offer a free
, no obligation review of your pension, looking in detail at exit penalties and charges and your own personal circumstances and situation. Because pension release will ultimately reduce the income that you will receive in retirement they will make sure that you have looked at all the other possible alternatives for raising money before embarking on pension release. Releasing cash from your pension could also effect any means tested State Benefits to which you are entitled. It is therefore extremely important to remember that pension release is only suitable for a very limited number of people and circumstances and should not be seen as an easy way to raise cash. The FSA see this as a high risk activity and should only be undertaken when all other avenues have been explored. Taking the benefits of your pension early will affect your retirement income and your standard of living in retirement and it is vital that you seek expert advice before you try to release cash from your pension.