Do not believe anyone who tells you that you can access your pensions savings before 55, without any fees or penalties. It would be a scam. If you were to try, most likely you would be facing an additional tax bill as HM Revenue & Customs would have it as an "unauthorised payment".

Even if you are older than 55, you should be very carefully before touching your savings to deal with short term problems.
Was this article helpful?
Cancel
Thank you!