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How long does it take for you to pay a tax-free cash lump sum?

If you have sufficient funds available in Pension Cash, we will make the payment via CHAPS, aiming to get your money to you within 6 working days.

If we need to sell investments to make sufficient cash available, you will need to allow additional time for those deals to be placed and to settle. The process can take up to 15 working days, with payment also being made by CHAPS.