What are the rules for pension in the UK?

You must reach State Pension age and have at least 10 qualifying years of National Insurance contributions to receive the State Pension. Workplace and private pensions follow their own scheme rules.

Do you get full UK pension if you live abroad?

Yes, you can receive your State Pension abroad, but annual increases only apply if you live in certain countries (e.g. EU, EEA, or countries with agreements).

Can I take 25% of my pension tax-free every year in the UK?

You can usually take 25% of your total pension pot tax-free, either as a lump sum or in smaller withdrawals, but not 25% every year.

What are the pillars of UK pension?

The UK pension system is built on three pillars: State Pension Workplace Pensions Private/Personal Pensions

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