It’s always tempting to take your full 25% tax free lump sum, but it’s also useful to stop for a minute and decide what you need the money for. Will you save it, spend it or invest it? Remember the less cash you take, the more you’ll have left to take an income. It’s all about finding the balance that’s right for you.
Important legal and regulator information
Standard Life Assurance Limited (SC286833), Standard Life Savings Limited (SC180203) and Standard Life Lifetime Mortgages Limited (SC193441) are all registered in Scotland at Standard Life House, 30 Lothian Road, Edinburgh EH1 2DH. Standard Life Investments Limited (SC123321) and Standard Life Investments (Mutual Funds) Limited (SC123322) are both registered in Scotland at 1 George Street, Edinburgh EH2 2LL. All companies authorised and regulated by the Financial Services Authority.
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