Tax free cash

When you retire you can normally give up part of your pension for tax-free cash. If we provide a pension forecast where the date of retirement is within a calendar year of the quotation, we will include an estimate of the maximum amount of tax-free cash you are entitled to take at that time.

You can take any amount of tax free cash from zero to the maximum.

If you have paid AVCs, it may be to your advantage to take them as tax-free cash.