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MSE News: Just days left for millions to draw their pension early

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Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
in Pensions, annuities & retirement planning
This is the discussion thread for the following MSE News Story:

"Anyone aged 50-54 only has days to draw a private pension and take a tax-free lump sum worth 25% of their pot, or wait until they are 55. ..."
Read the full story:

Just days left for millions to draw their pension early

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  • mrsscrooge1
    mrsscrooge1 Posts: 130 Forumite
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    I've been told as a teacher in Kent I am not allowed to take my pension before I am 55. Does this sound right?
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Name Dropper First Anniversary Photogenic First Post
    edited 13 March 2010 at 4:41PM
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    Yes unless it is for ill-health retirement.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
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