Can I take my pension as a full lump sum?

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Pension flexibility changes introduced on 6 April 2015 mean that taking your pension savings as a full lump sum is now an option on many types of pension plan. Whilst this option may seem appealing, it's important to confirm the specific benefit options available on your own policy, and the consequences of taking a full lump sum payment before you decide.

You can find out more about this option on the Full lump sum page(Opens new window) on Your Retirement Planner.

Please contact us or your financial adviser if you have any questions. If you don't have a financial adviser please visit new window)