When I retired the major concern was to ensure I changed to the correct tax code. The IRD advice was vague but I didn't want those bastards telling me I hadn't been paying enough tax and wanting a big chunk of cash at some future point.
Don't take it as gospel but I think your above statement may be correct. I know people who used to bank the pension in a separate account and use it as a holiday fund or whatever while they kept working.
One person who has responded to this thread seems to know that of which he speaks.Send him a PM with a specific question and see how you get on?
There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop
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