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DB Pension & AVCs

Answer
Financially Free
Posted Fri, 10 May 2024 08:20:31 GMT by Financially Free
I am in receipt of a DB pension. I have an AVC point associated with it, but I have not touched that as yet. Can I add any future lump sum payments to the AVC pot in future.
HMRC Admin 19 Response
Posted Wed, 15 May 2024 12:49:56 GMT by HMRC Admin 19 Response
Hi,

If you do, you may be at risk of 'recycling'.  You can see the rules on recycling here:

PTM133810 - Unauthorised payments: Deemed or specific situations that are unauthorised payments: recycling of pension commencement lump sums: overview

Thank you.

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