i am currently retired but living off savings , I am 58 and want to draw down my TFLS next year from my DC pension pot at 59 and was wondering if I take the max lump sum, can I then live off that for a few years and not draw down on my ARF till I’m 61?
Or does taking the lump sum automatically mean I have to start regularly drawing a pension from the ARF also.
Or does taking the lump sum automatically mean I have to start regularly drawing a pension from the ARF also.