2 Pensions: HMRC rules for crsytalisaton events

Question 1

Lump Sum Death Benefits from uncrsytallised fund

Answer 1

Paid tax free under age 75
excess to LTA suffer 55% tax
If not paid within 2 years then at marginal rate. No test against LTA

Question 2

Death benefits Capped Drawdown

Answer 2

Set up before 6/4/2015 and taking income prior to 6/4/15 and no test against LTA
under 75 income tax free post 75 marginal income
no test against LTA