Understanding Your Pension Commencement Lump Sum Payout
Retirement is a time for relaxation, but it can also bring financial complexities. One of the big questions that often puzzles retirees is the Pension Commencement Lump Sum (PCLS) and whether to take none, some or all when you decide to go into drawdown. If you’re nearing retirement, understanding PCLS can be crucial for your…
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