Take a 25% Tax-Free Lump Sum
Unlock Flexibility Without Fully Retiring
One of the most valuable pension benefits is the ability to take up to 25% tax-free (currently from age 55, rising to 57 in April 2028).
You don’t have to take income from the rest immediately, your remaining pension fund can stay invested for the future.
“Sometimes one smart decision creates breathing space for years.”
How Could You Use It?
Many people use their lump sum to:
- Pay off their mortgage earlier
- Clear debts
- Fund home improvements
- Take a once-in-a-lifetime holiday
- Help family members with a house deposit
- Bridge your income before your State Pension starts
Is It Right for You?
There are rules. There are tax considerations. And it isn’t suitable for everyone.
An adviser can:
- Model long-term impact on your retirement income
- Explain how it works in plain English
- Assess tax implications
- Put the plan in motion