2 Pensions

[jess131]

I have 2 private pensions, 1 with around £7k and the other around £150k.

If I take my 25% tax free allowance from the £7k one, will i still be able to take 25% from my £150k at a later date?

[bookbinder]

https://www.gov.uk/personal-pensions-your-rights/get-help

[Old_Geezer]

No expert but can't believe you couldn't. Both would have the same percentage applied to it surely. Just be careful about shorting yourself in the future. Been media articles saying many are at present.

[Old_Geezer]

https://www.gov.uk/personal-pensions-your-rights/how-you-can-take-pension

 

Applies to any pension.

[Maydup]

If you had £157,000 in one pension you could take 25% tax free. Same as if you split it in the way it is. 

[ToraToraTora]

yes.