When Graham approached Audley with the hope of raising money to pay off his Partner’s mortgage, he was hopeful of achieving this by transferring two old Final Salary Schemes. Unable to raise finance elsewhere, he had been advised that transferring and losing the guaranteed income was the best option. After Audley contacted the Scheme Administrator’s and obtained an immediate retirement quote it became clear he could receive a lump sum which was enough to pay off the majority of the mortgage and then receive a lifetime guaranteed income which he could use to clear the balance over three years. By looking at an alternative option, Audley have helped Graham to be mortgage free and still be able to benefit from a guaranteed income in retirement.