Early pension release means withdrawing money from your pension before the minimum age of 55, or 57 by 2028. Unless you have exceptional circumstances, such as ill health, you’ll be charged a substantial amount of tax on your withdrawal, and could risk losing all of your savings to scammers. Personal finance journalist and money blogger Faith Archer explains the rules around early pension release, and what to watch out for so you don't get scammed. Visit our Pensions Explained Centre for more information on early pension release and taking your pension: Sign up today: (capital at risk)
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)