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Company Pension

Taff_G
Posts: 2 Newbie
Hi Guys,
I am 68yrs(young) with a good job which is suplimented by
three other pensions.However I am still in need of some ready
cash to see my son through Uni.My company pension stands
at 11k.Can I draw this as cash?I am lead to believe that if it
is <16k then it is permisable.
Standing by
Taff G
I am 68yrs(young) with a good job which is suplimented by
three other pensions.However I am still in need of some ready
cash to see my son through Uni.My company pension stands
at 11k.Can I draw this as cash?I am lead to believe that if it
is <16k then it is permisable.
Standing by
Taff G
0
Comments
-
Trivial commutation is only permitted where the total of all your pensions is less than £16k.0
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