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Tax-Free Pension Cash: Don't let Budget rumours make your retirement decisions.
Taking your tax-free pension cash early because of speculation about the Budget could be a costly decision — and one you may not be able to reverse. Consider the numbers. A pension worth £600,000 could provide £150,000 in tax-free cash under today's rules, assuming the full allowance is available. That's comfortably within the current standard lump-sum allowance of £268,275. But what if the rules change? Ahead of the 2025 Budget, there was speculation that the allowance could
4 hours ago
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