A client has asked what the tax implications are if he took two of his pension out early. From the research available online I advised him that in most cases he could take 25% tax free and the difference will be taxed on.
He has just come back to me today to say that his pension provider said he couldnt take a lump sum out tax free at 25% because its a "self-employed" pension.
They offered no other choices of advice.
A little confused as I could see in most cases you could take 25% tax free out?