Pensions, Tax Mitigation, Investing, Tips, Tax
Money tip#68 - How you could be entitled to take your entire pension fund as a one-off cash lump sum
2 min Read
20 May 2010
(Article updated 6th December 2011) Under current UK pensions legislation your pension fund ultimately has to provide you with a retirement income. Alternatively, it is possible to take a small slice of your fund as a tax-free lump sum (usually 25%) while the balance is used to purchase an income....