Threat to limit tax free lump sum on retirement

A question about : Threat to limit tax free lump sum on retirement

I took early retirement from BT in 2011 and intend to take my pension in 2017.

I am fortunate to be a section B member (Defined Benefits) and as such anticipate an index linked pension plus lump sum.

I note the speculation in the press regarding proposals to cap the amount that may be taken as a lump sum to Ј36k but am not sure how and if this would impact the BT scheme?

Any ideas?

Best answers:

• If you look in the main pension section you will see a thread already running on this unfounded speculation.