Crystallised
The part of your pension that you’ve already accessed. You need to access some of your pension (i.e. crystallise it) before you can withdraw money from it.
The pension money you’ve accessed but not withdrawn as pension income (or used to buy an annuity) remains in your pension as your ‘crystallised’ funds. See also Drawdown pension.
More on Pensions drawdownPopular terms
Ready-made pension
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...
Pension builder
The Pension builder fund is AJ Bell’s low-cost standard option, designed to help you invest the money you’ve paid into...
Non-workplace pension
A type of pension that you set up yourself. You control how much you pay in (and when) as well...