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Company Pension

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

Comments

  • jem16
    jem16 Posts: 19,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Trivial commutation is only permitted where the total of all your pensions is less than £16k.
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