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Crystallised pension draw down

smartins5 New member

Member since 09 September 2025

smartins5New member09 September 2025 10:15:09

1

Considering retiring to Cyprus under the "pink slip" methodology in the next year or two.

One of the grey areas is the maximum draw down allowed at 5% for our crystallised pension.

The plan is to withdraw the 25% tax free element prior to leaving the UK, with the remainder set up as a flexi draw down.

As an example, if my original pot was £400k and I withdraw the 25%, is there any restriction on the remaining £300k. Could I for instance take the whole £300k in one year at the 5% tax rate? Not saying I will, just trying to understand if the remainder is limited by amount, percentage, time etc.

TIA

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