Should I tap into my untouched SIPP in anticipation of a future pensions shake-up?
I have a SIPP worth just over £1.5 million. I have previously applied for fixed protection 2014 and understand that this means my tax-free cash allowance is higher than normal.I am aged 73 and as yet haven?t touched the funds. Furthermore, I am not proposing to take any income in near future, instead I am taking income from my ISAs. What is the downside of crystalising a chunk of the SIPP and may