Branndon@001

Hi, Is my understanding correct that this only "triggers" when an individual older than 55 years of age withdraws all or a portion of their pension, and the person benefitted from UK tax relief on the contributions? Example: if a person 30 years of age emigrates to the UK, ceases to contribute further amounts to their original pension schemes in their previous country of residence, becomes a UK tax resident and eventually withdraws from their pension in their former country when they are 35 years of age (funds brought to the UK and reinvested into a UK SIPP), would such a withdrawal trigger the money purchase allowance in the UK? Thank you.