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Once money has been contributed to a pension, it cannot usually be withdrawn until retirement or earlier death or illness.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 However, once money has been contributed to a pension, it cannot usually be withdrawn until retirement or earlier death or illness.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

Simple savings vehicle for disabled clients welcomed as 'groundbreaking'

Simple savings vehicle for disabled clients welcomed as 'groundbreaking'

Potential to widen access ‘if implemented well’

clock 05 February 2026 • 4 min read
Personal representatives face delays and fines due to 'lost' wills and pensions

Personal representatives face delays and fines due to 'lost' wills and pensions

Under pressure to file necessary paperwork with tight deadlines

clock 04 February 2026 • 4 min read
HMRC to rake in £100m from a million late tax returns

HMRC to rake in £100m from a million late tax returns

An estimated one million did not file on time

clock 04 February 2026 • 4 min read