The pension tax-free lump sum is the amount you can withdraw from pension savings free of tax. It’s also called the pension ...

Those who decided to take their tax-free cash ahead of the Budget have not attempted to put it back, according to several ...

"The lump sum must be tested against their lump sum allowance at ... It added: "The payment of a [pension commencement lump sums] or [uncrystallised funds pension lump sums] is not a new product, ...

The lump sum allowance is triggered when a tax-free element of the pension benefits is taken. For example, a pension commencement lump sum, or an uncrystallised funds pension lump sum (known as ...

Its full name, by the way, is “pension commencement lump sum”, or PCLS for short. For pension savers with nest eggs worth more than £1 million, note that there is a maximum amount that you ...

Thomas Dickson reveals how dentists should respond to the consequences of Rachel Reeves’s autumn budget for pensions.

The lump sum doesn’t affect your Personal Allowance ... But the payment of pension commencement lump sums (PCLS) or uncrystallised funds pension lump sums (UFPLS) is not a new product, which ...

The Ssas industry collectively breathed a sigh of relief in 2024 after the levy proposal was thrown out, according to Martin ...