It is important to note that lump sum payouts of retroactive benefits are available only under certain circumstances. Even then, inconsistent guidelines from the Social Security Administration seem to ...

It’s likely that your defined benefit pension was tested against the lifetime allowance when you took it. The scheme administrators would have confirmed what percentage of the allowance your pension ...

I, and maybe others, would find it interesting for you to outline how the tax-free lump sum is now calculated in relation to defined benefit pensions. How does it interact with the “new” allowances?