Tax free cash required at retirement as % of fund (max 25%)

You can usually take up to 25% of your pension fund as tax-free cash (a pension commencement lump sum).

You can take less tax free cash at retirement than the full allowance and any balance will grow with the remaining fund and can be taken later or paid in instalments as part of your retirement income and remains tax free on payment.


Need more help? Contact us for more information.