The third in our example case study series involves Dorothy and her husband who needed to raise as much capital as possible to move abroad and start a new life together.
They already had their contacts abroad looking into suitable rental accommodation and were already investigating work opportunities themselves. As the couple wanted to move abroad first, and then look for work, they calculated that they would need about £1,200 a month to cover living expenses.
At the time, Dorothy had three paid up personal pensions which she wanted to consider releasing a cash lump sum from. As Dorothy saw it, unlocking her pension funds could help them achieve their objectives and move abroad as they wanted.
Having transferred the three separate pensions into one pension arrangement, going through with pension release process subsequently unlocked a cash sum of £5,078. This proved enough for Dorothy and her husband to use to move abroad and cover all living expenses for a few months while they both looked for work.
It was a high risk strategy from Dorothy’s point of view because if they didn’t secure work within 4 months then they will have run out of money. However, it was a risk she and her husband was prepared to take. Had her circumstances been a little different it may not have been suitable for her to carry on with pension release.
At Grove Pension Solutions each case is looked at individually to make sure the right advice is given to each person on a case by case basis.
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I found Grove to be very professional people and very knowledgeable. The way they dealt with my pension release was second to none.
The whole experience was comprehensive and informative. I was never put under pressure, and the whole procedure was conducted professional, with feedback. Everything that I was told would be done was done in the time frame that I was advised of.
Pensions are an incredibly difficult subject to grasp but the team at Grove Pension Solutions went out of their way to explain, in plain English, the pro’s and con’s with regards to the pensions even if it meant that they wouldn’t get as much business. They really did put the client first which is a refreshing change to the financial culture of today. I was very happy with the service and satisfied that my pensions are in safe hands.
From the moment I went on to the website with Grove, right to the end of my pension dealings. They’ve acted in a very professional way with myself, I would recomend them to any person who – like me – needs much needed help on pension release. Well done to everyone at Grove, you deserve a pat on the back, thank you.
I found the service very good, everything was explained in simple English, which made it easy to understand. The advisor was polite and very helpful.
You were the only company to explain it (advice) to me in a way I could understand … I contacted several IFA’s and they were all very unhelpful. … I am delighted I chose Grove, very professional, polite company. Thanks so much!
The advisor explained everything and took time to make sure I understood what he had said. Service provided prompt information clear and easy to understand. Staff polite at all times. Everything they said would happen did in time frame told.
I wanted to release some of my pension money ( tax free ). Grove Financial were extremely helpful in every way from start to finish. No problems were encountered throughout. I Would strongly recommend them, many thanks.
Grove Pension Release provided a very proficient service regarding my pensions review and pension release. My future pension needs have been fully reviewed and look forward to your support and working together in future years.
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