Small and stranded pension pots

Over the course of your working life, you may have several small pension pots from former employers that are too small to make buying an annuity worthwhile. From April 2015, you will be able to cash in a pension pot that is too small (up to £10,000). You can use this money however you like. However, there are rules around accessing these pension pots.

See also: Lump sum, Trivial commutation

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