questionText: To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reinstating trivial commutation following the changes to the Lifetime Allowance this year.
answerText: For defined benefit (DB) pensions, trivial commutation continues to exist. If an individual’s total pension wealth across all DB pension schemes (excluding their state pension) is no more than £30,000, they may be able to surrender their pension for a tax...
heading: Pensions