Does anyone think it unfair that if you have a private pension you can't benefit from it till you retire?

I recently received a statement giving my pension value and thought at the time I could do with some of the money now. I'm not due to retire for at least another fifteen years and will probably be either too old or unfit to do things I can't afford to do now. Anyone agree.Does anyone think it unfair that if you have a private pension you can't benefit from it till you retire?
The whole idea of paying into a pension fund is so that you WILL have a pension to retire on. If you spend the money now, you'll live to regret it. I know somebody who was always moaning about having to pay into his companies' pension fund, but boy, was he laughing when he retired and saw how little the ordinary Old Age pension was !Does anyone think it unfair that if you have a private pension you can't benefit from it till you retire?
the idea of a pension is so you have an income when you retire
Following changes in Government rules last year, you can take your personal pension benefits anytime from age 50. You can also now take SERPS benefits - the old contracting out benefits as well.





You can take 25% of the value of the fund as a tax free cash sum and the rest will be used to purchase an annuity.





However, if you take your pension at age 50, it will drastically reduce the amount you would get at age 65.





If you are really wanting the money, talk to an Independent Financial Adviser.
You could take your money out any time, but you wont have it when you need it. Expenses go up when you get old. Trust me you will need it.