What is the EC targeted consultation on supplementary pensions?
The European Commission is seeking views on how to make supplementary pensions more accessible, tran Lees meer
Can I withdraw 100% of my pension?
Lex Zum Vörde Sive Vörding
2025-12-03 03:57:22
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You can take your whole pension in one go if you want to.
This is sometimes called 'full encashment'.
You can take money from your pension any time.
You could pay more tax Taking your pension in one go is normally less tax efficient.
Cashing in a pension over £10,000 will trigger the Money Purchase Annual Allowance.
Fleur Koning
2025-12-03 03:34:48
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You can usually take up to 25% of the amount built up in any pension as a tax-free lump sum. The most you can take is £268,275. You’ll then have 6 months to start taking the remaining 75%, which you’ll usually pay tax on. You might be able to take cash directly from your pension pot. You could: withdraw your whole pension pot.
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Is EPS pension tax free?
You can usually take up to 25% of the amount built up in any pension as a tax-free lump sum. The mo Lees meer
Esila Mohan
2025-12-02 22:58:48
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Once you reach your 55th birthday you can withdraw all of your pension fund. You can take up to 25% as a lump sum without paying tax, and will be charged at your usual rate for any subsequent withdrawals. It’s usually possible to withdraw all your pension when you turn 55. You can withdraw as much or as little as you like, at any time. Once you reach your pension age you can make a withdrawal.