? Going into flexi-access drawdown from an existing capped drawdown arrangement or with uncrystallised
funds and then subsequently taking income.
These polymers, which are generally lipid in character, are collected as storage substances in the sort of motile, uncrystallised
, liquid particles, permitting microbial endurance under difficult circumstances (9).
Terms such as 'flexible access drawdown', 'uncrystallised
funds pension lump sum' and 'annuity' can leave people baffled.
A No, only if you have taken flexible benefits which include income, such as an 'Uncrystallised
Funds Pension Lump Sum (UFPLS)' or flexiaccess drawdown with income, and you want to continue paying contributions to a defined contribution pension scheme.
If you have a pension that you haven't taken any money out of (the term the technical people use is uncrystallised
) then the money in the fund can be paid to anyone you choose to be a beneficiary.
So hats off to Kirklees Citizens Advice and Law Centre for its attempt to demystify the jargon used by pension companies - 'uncrystallised
funds pension lump sum' anyone?
This is where the Uncrystallised
Fund Pension Lump Sums (or UFPLS for short) might be the right choice for you.
This is called an 'uncrystallised
funds pension lump sum' (UFPLS).
(303) See LAW COMMISSION, supra note 19, [paragraph] 2.41, at 34 ("Further an uncrystallised
floating charge has no priority against execution creditors, landlord's distress, set-offs and possessory liens.").
Equity ISAs,however, remain highly appropriate for the tax- paying investor for whom capital gains may present a problem, and also for those to whom capital gains could create a difficulty in the future,including: Investors with uncrystallised
capital gains on their portfolio which already exceed the annual personal capital gains exemption; Younger investors, with a longer-term investment perspective and Investors who have the expectation of acquiring or inheriting significant assets,for whom the future tax benefits of ISAs make them worth building up now.
The first is taking an 'uncrystallised
fund pension lump sum', where 25 per cent of the withdrawal is tax-free and the remaining 75 per cent is subject to income tax.