With the Autumn Budget scheduled for Wednesday 26 November, there’s uncertainty around potential changes to pensions and tax-free cash. We’ve outlined key submission deadlines below to ensure requests are processed and paid before Budget Day. For most request types, payments will be made ahead of the Budget if submitted on time.
- Tax-free cash and income together (partial crystallisation): Wednesday 12 November by 5pm
- Full withdrawal from crystallised funds: Wednesday 12 November by 5pm
- New income / TRIO requests: Wednesday 12 November by 5pm
- Amendments to existing income / TRIO instructions: 13 working days before payment
- Small pots payment: Friday 14 November by 5pm
- Tax-free cash only (full or partial): Friday 14 November by 5pm
All forms and information must be complete, and the policy must not have trades in progress. Clients with existing regular income, TRIO, or rebalancing instructions may need to act earlier. Meeting these deadlines helps avoid delays and reduces the risk of missed opportunities due to any legislative changes.