An Alternatively Secured Pension (ASP) is suitable for clients who:
- are aged 75, haven’t taken their pension benefits yet and don’t want to be locked into an annuity
- have a fund of at least £35,000
- want choice and freedom when it comes to investment
- don’t need a pension yet (via an annuity product) or already have an annuity for their immediate income needs but want to keep the balance of their pension funds flexible