Freddie George
Joined: 12/6/2023
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Pension certificate of enhance protection
I have a certificate of enhanced protection which states my tax free lump sum is 13%. I have not yet taken any benefits from my pension fund but would like to know if the lump sum which I can now take is 13% of the value of the fund today or is it 13% of the value of the fund on 6 April 2006. In both instances the amount would be in excess of the current lump sum allownace.