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Swap Pension for Lump Sum (Selling the golden goose)

Teachers can swap up to 25% of their pension for a lump sum. Similar to many private schemes but with one important difference.

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Should You Take Your 25% Tax-Free Lump Sum?
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Should You Take Your 25% Tax-Free Lump Sum?

The RSS (remediable service statement) for the Teachers' Pension Scheme (Mar 2025)
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The RSS (remediable service statement) for the Teachers' Pension Scheme (Mar 2025)

The Sneaky Way HMRC Tracks Cash Gifts to Family
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The Sneaky Way HMRC Tracks Cash Gifts to Family

Teachers' pensions - retrospective additional pension
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Teachers' pensions - retrospective additional pension

TPS - The Already Retired and their Remediable Service Statement
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TPS - The Already Retired and their Remediable Service Statement

Drawdown vs Annuity | The Framework Every Retiree Needs
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Drawdown vs Annuity | The Framework Every Retiree Needs

2024 TPS Comparing Additional Pension with Faster Accrual
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2024 TPS Comparing Additional Pension with Faster Accrual

Pension, Working, Death and the Normal Pension Age
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Pension, Working, Death and the Normal Pension Age

The “Borrow Until You Die” strategy the Government does NOT want you to know
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The “Borrow Until You Die” strategy the Government does NOT want you to know

The Shocking Maths of Working (Just) One More Year
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The Shocking Maths of Working (Just) One More Year

HMRC UK Is Watching: Avoid These 5 Red Flags Or You'll Be Investigated
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HMRC UK Is Watching: Avoid These 5 Red Flags Or You'll Be Investigated

Contracted Out - Reduced State Pension (Teachers)
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Contracted Out - Reduced State Pension (Teachers)

Why You Should Take Your Defined Benefit Pension NOW!
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Why You Should Take Your Defined Benefit Pension NOW!

Retiring on £400k as a Couple? What It Means In Reality
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Retiring on £400k as a Couple? What It Means In Reality

Annual Allowance and the TPS
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Annual Allowance and the TPS

Teachers Pension: Faster Accrual versus Additional Pension
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Teachers Pension: Faster Accrual versus Additional Pension

Pension Drawdown: The Simple Step-By-Step Guide
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Pension Drawdown: The Simple Step-By-Step Guide

How to make the most of your LGPS | Pensions & Retirement
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How to make the most of your LGPS | Pensions & Retirement

Defined Benefit Pensions: What You Need To Know
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Defined Benefit Pensions: What You Need To Know

8 Signs You Should Retire Earlier Than You Think
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8 Signs You Should Retire Earlier Than You Think

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