HMRC set a maximum lump sum (one-off cash payment) you can take from your pension benefits, the lower of:
• 25% of the available Lifetime Allowance
• 25% of the Capital Value of your pension
HMRC set a maximum lump sum (one-off cash payment) you can take from your pension benefits, the lower of:
• 25% of the available Lifetime Allowance
• 25% of the Capital Value of your pension