In advance of the Autumn 2025 Budget, scheduled for Wednesday 26 November 2025
HMRC and FCA issued guidance around cancellation rights and the implications of cancelling / reversing pension commencement lump sum (PCLS) payments.
If you are looking to take any action based on pre-Budget speculation, we would urge you to contact your regulated financial adviser first. Please note that we will require sufficient time for us to action a PCLS request, depending on your individual circumstances.
Please read our latest article for more information.