Registered Address: PensionRelease.net, FREEPOST SEA12756, Sevenoaks, Kent, TN15 8BR

Tax Free Cash

Most pensions allow some of the pension fund value to be withdrawn free of Tax. When crystallising benefits a person is normally entitled to take up to 25% of their pension fund as tax free cash. This tax free cash lumps sum is now referred to a pension commencement lumps sum or PCLS.