We continue our new series featuring Fergus Muirhead’s money and consumer conversations on The John Beattie Show on BBC Redio Scotland.
In this episode Fergus and John talk about the new pension changes that come into effect last month, sand Fergus answers listeners’ texts about pensiion issues that concern them, particularly contracting out.
2 Thoughts to “Fergus talks pension changes”
HI Fergus,could you clarify something for me.I have 2 pensions with Standard Life, 1that i still contribute to,the other i have from previous employer which i transferred to SL. If I want to take 25% tax free is that 25% of my total pension pot.
Hi Raymond, you should be able to take 25% of each fund as tax-free cash.