pension release

[zippadog]

i am 40 next year and i have 2 small frozen personal pensions they are frozen because i have a very good works pension and could'nt afford to pay into them all. i would like to release the frozen pensions as when i retire they will be worth very little. i do not wont to put them into my company pension I want the benefit of them now. any advice as to how to go about this?

[Hymie]

You cannot release money from a pension until you reach age 50, from 2010 this increases to age 55.

[thehorace68]

As mentioned, you have to be 50 at the very least. For more info on this sort of thing, it's best to contact an IFA such as Grove FP - http://www.grove-pension-release.co.uk - as they are regulated by the Financial Ombudsman and HAVE to give you an impartial review of your situation.

Good Luck.