Pension release definition

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Pension release

Pension release logo #21000 Pension release is a process by which a UK pension owner may be able to withdraw cash from a pension before the normal retirement date but not currently before age 55. Usually a maximum of 25% of the value of the pension may be withdrawn, but this does not necessarily mean the value at retirement is reduced by a comparable amount. The UK Financial...
Found on http://en.wikipedia.org/wiki/Pension_release
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