The first thing to do is consider whether you are likely to want or need the money from your pension savings during your lifetime. If yes, you probably want to understand your options as to timing of withdrawals, and the nature of the benefits you will receive. If you will not need the money, you may want to plan the best way to leave as much as you can as tax efficiently as you can on your death, while taking into account your wider estate planning.
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Thinking ahead

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