TTFACs for clients over age 75 and taking PCLS

Should you consider applying for a transitional tax-free amount certificate (TTFAC) for a client who is over age 75 and looking to take a Pension Commencement Lump Sum? Fidelity Paul Squirrell considers why this generally makes sense for clients in this position and the additional considerations for individuals who reached age 75 before 6 April 2024. 

2-minute read