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Pensionwise. gov.uk SSAS Member Benefits Form Please use this form if you wish to start drawing benefits from your pension scheme by way of capped drawdown flexi access drawdown uncrystallised fund pension lump sum or purchasing an annuity. Uncrystallised Fund Pension Lump Sum UFPLS This allows you to crystallise a fund and take all of it as a one off lump sum subject to tax on part. The MPAA cannot be increased by carrying forward unused allowance from a previous tax year but the overall...
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Pension Wise is a free and impartial government service that provides guidance on pension options.
Individuals who are approaching retirement age and have a defined contribution pension are required to use Pension Wise.
To use Pension Wise, individuals can book a telephone or face-to-face appointment with a guidance specialist.
The purpose of Pension Wise is to help individuals understand their pension options and make informed decisions about their retirement income.
Individuals must report details about their pension savings, income needs, and financial circumstances.
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