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AVC - 100% tax free lump sum.

Well I had a surprize. My pension (final salary) can still be taken from 55+ despite my belief that it had gone up to 60.
But the bigger news is that the AVC can be taken as a 100% lump sum.
Anyone else heard of this? It was a total surprize to me.
Regards



X
Xbigman's guide to a happy life.

Eat properly
Sleep properly
Save some money

Comments

  • Yes
    Have a look at the thread "LGPS Advice" on this forum.
  • Xbigman
    Xbigman Posts: 3,924 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thanks for that. An interesting thread that explains how the 100% free AVC is achievable. I wish I'd read it last week now!
    Regards




    X
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
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