If you want to cash in your pension early (before you're 55), be aware that you could lose all of it.
Recently I’ve been getting a number of emails from women who want to know if they can cash in their pension to pay bills or to pay off a mortgage. Under the rules, the earliest you access your pension is the age of 55. But the Financial Services Authority, the Pensions Regulator and HM Revenue and Customs are warning about companies that say they can help you access part of your pension before you’re 55. They say some may be scams and others are likely to be illegal.