If you have a pension worth less than £18,000 you should be able to cash it in. But the rules aren’t straightforward.
Updated 29th April 2011
If you’ve only ever saved a small amount in your pension you may be able to take the whole lot as cash, but it’s not guaranteed. The rules are a bit complicated and the language is definitely not user friendly. However, it’s worth understanding how the rules work as it could mean you have far more control over your pension - although it's also vital that you understand exactly what you'd be giving up. Here are the options if you have a small pension.
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