Charlene Young: Can a client get their pension contributions back?

Ahead of self-assessment deadline

clock • 3 min read

Once money has been contributed to a pension, it cannot usually be withdrawn until retirement or earlier death or illness. But as Charlene Young explains there are a few exceptions to the rule...

As the self-assessment deadline looms, we inevitably see an uptick in the number of queries about refunding pension contributions. However, once money has been contributed to a pension, it cannot usually be withdrawn until retirement or earlier death or illness. So, do the pension rules allow refunds at all? The return of pension contributions is permitted in three limited circumstances: Refunds under the "excess contribution condition" Return of funds that were never intended to be a contribution or where the member was not entitled to a contribution Short service refunds (for ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Why advice matters more than ever as wealth transfers accelerate and tax rules shift

Why advice matters more than ever as wealth transfers accelerate and tax rules shift

'Mistakes and misunderstandings can be costly'

Martin Parish
clock 13 November 2026 • 4 min read
Why cross-border financial planning is like puzzle-solving

Why cross-border financial planning is like puzzle-solving

'Financial planning isn't about chasing returns. It's about how everything fits together'

Matt Byrne
clock 12 November 2026 • 5 min read
Pension IHT reform: Awareness is not the same as readiness

Pension IHT reform: Awareness is not the same as readiness

'Quite a few firms seem to be caught somewhere between awareness and implementation'

Jamie Ponting
clock 11 November 2026 • 7 min read