HMRC Clarifies Rules for Pension Providers on Returned Tax-Free Lump Sums
Posted on September 30, 2025 by Samuel Turner
HM Revenue and Customs (HMRC) has given a strong message to pension providers that once a tax-free lump sum is taken out of a pension scheme, it cannot be undone, even if the money is returned. This is a big change that has shaken up the UK pension market. This clarification, which came out in […]