After April 6th 2006 pension pots of less than £15000 can be paid in cash, 25% tax free and the remainder being taxable at one's marginal rate of tax. Where a person has a number of small pensions they can commute them within a period of twelve months on different dates. However in my case the small pension pot is with a single provider. My question is whether it is possible to receive my benefits in two tranches split between two tax years in order to fully utilise my personal tax allowances for the years in question.
If anyone has any information on this subject it would be appreciated very much indeed.














