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Who polices the 25% tax free pension lump sum
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tigerspill wrote: »Reading more of me AVC documentation seems to suggest that the 25% is calculated on my whole pension and that you can take the 25% from the AVC pot and leave the rest untouched.
Yes but that's a bit different to saying you don't want your automatic lump sum but want to increase the pension if you don't take it.
The LGPS has a similar scheme where the AVC pot can be used to fund the tax-free lump sum. However this did not apply to the pre 2008 part where there was an automatic lump sum - this still had to be taken and any further lump sum up to 25% could be taken from the AVC pot.0
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