LTA Understanding

JohnTbye

Have been working on a few retirement options recently and would like confirmation that my understanding of the chosen path is correct.
I have a DB scheme and am taking a partial pension option. The partial annual pension will be £20K plus transfer value of £700K. I have some urgent requirements so plan on taking a lump sum of £100K. I also have another DC fund around £100K (called Pension 2 in this post). The lifetime allowance is something that I have to consider. 
The next statements are my understand, please correct if I am wrong.
My LTA impact will be £20K x 20 plus the crystallised £400K = £800K total = 74% of LTA.
I can withdraw the remaining crystallised £300K without triggering a BCE.
My next BCE will be death, reaching 75 or crystallising more from the remaining £300K (700 - 400 hopefully with some growth) from Pension 1 or crystallise Pension 2.
If I crystallise before death or reaching 75, the BCE will only consider the crystallised amount. So if I crystallise £100K my LTA  or will go up by 9.3% (using current allowance).
On death or reaching 75 the BCE will consider the growth of the crystallised amounts (£300K + £75K) - I expect the tax free amount is not considered here?
Also on death or reaching 75 the remaining £300K of pension 1 plus the £100K of pension 2 plus growth will be considered. This will clearly put me way over the 100% LTA and I will have to pay the 25% or 55% depending on how I take the money.
Anything I have missed?

zagfles

There's an LTA test on crystallised growth at 75 but not on death. You can avoid it by drawing down enough so that the pot is less at 75 than at crystallisation.

JohnTbye

Thanks, just confirming that the total consideration at age 75 is the growth on crystallised funds plus the value of uncrystallised funds.

cfw1994

JohnTbye said:

Thanks, just confirming that the total consideration at age 75 is the growth on crystallised funds plus the value of uncrystallised funds.

Yup!
Logic all looks good to me there.