Unlock Your Pension Early

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Draw Down Your Pension
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Unlock your Pension early by Transferring your benefits to a Personal Retirement Bond

If you transfer your pension to a PRB, your old benefits will be moved to a pension plan controlled by you.

These benefits can be taken from the age of 50.

Personal Retirement Bond Features

How a PRB works

  • Your transfer value sum is transferred from your pension
  • The money is invested in a fund chosen by you or in the default fund
  • No new contributions can be made
  • The value will rise or fall depending on performance
  • At retirement you can take your benefits. This can be age 50.

Options for your PRB

  • Transfer the value of your PRB into a new companies pension plan
  • From the age of 50 you can take early retirement benefits from your PRB. The earlier you take your benefits - the lower your annual retirement income or lump sum will be.
  • Transfer to another PRB from a different provider

Draw Down Your Pension

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Fill in your details to start drawing down your Pension early.

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1800-828-800

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Not sure what Pension Product suits your needs?

You can call our Pension Advice Team for free. Someone is always available to take your call and discuss all your options. Or you can schedule a call-back for a time that suits you best.

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PRB was last modified: February 4th, 2020 by LowQuotes
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