Frequently asked questions

This section is full of questions people have asked us, along with the answers. We've organised them into subject areas to make things easier for you.

Frequently asked questions relating to employer and auto-enrolment duties to help you support your corporate clients.

Frequently asked questions about carry forward.

Frequently asked questions about contributions paid to UK registered pension schemes, tax relief and tax charges.

Frequently asked questions on death benefits, annuities for beneficiaries and nominating beneficiaries.

Frequently asked questions on the eligibility requirements to join a registered pension scheme and pay contributions or a transfer value.

Frequently asked questions on capped income drawdown, flexi-access drawdown and transferring income drawdown plans.

Frequently asked questions on investments, property and borrowing.

Frequently asked questions on how the lifetime allowance operated before April 2024 when it was abolished and replaced by the lump sum allowance and the lump sum and death benefit allowance.  

Frequently asked questions on contributing to UK registered pension schemes whilst abroad and transferring pension benefits to the UK.

Frequently asked questions on the normal minimum pension age, taking benefits due to ill health and when there are GMP benefits.

Frequently asked questions on how to protect tax-free cash and how the lifetime allowance charge could be avoided.

Frequently asked questions on pensions, divorce, pension sharing and disqualifying pension credits.

Frequently asked questions on retirement ages, tax free cash and ill health retirement.

Frequently asked questions on safeguarded benefits, the advice retirements, transfers, and converting benefits to flexible benefits.

Frequently asked questions on salary sacrifice/exchange, how it can be used to fund pension savings, how much can be sacrificed and when it can be stopped.

Frequently asked questions on pension transfers, tax-free cash on transfer and GMP.

Frequently asked questions on trivial lump sums, small lump sums, winding-up lump sums, and their tax treatment.

Frequently asked questions on trusts, duties of a trustees and how benefits are paid out.