I seem to recall Mr G Brown stating that small pension pots (how small ???) could be taken in cash, ie no annuity obligation - sounds wonderful.
As I have my own very small limited company, I pay myself mainly in dividends, taking a very small salary. I do a £3600 stakeholder pension each year (costing £2808 hard cash).
Does this mean that if I get a new pension from a different company each year, I'll be able to take the lot in cash. Or is it the grand total of one's pension invetsments ?
Thanks, John