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Residual Pension

Hi,

My Dad had had his pension forcast and it refers at one point to residual pension - what does this mean?

Thanks in advance

Comments

  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    I think it refers to the smaller pension you get if you choose to take a chunk of the fund as tax free cash.
    Trying to keep it simple...;)
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