Taking out a partial annuity

GolfPutt21

I have had a total mindblank and can't seem to get a clear answer from anywhere;

If someone has a fully uncrystallised pension pot and they want to use £150,000 of the pot to take a partial enhanced annuity then;
1. Does tax free cash have to be taken first (therefore using £200,000 of the pension pot, £50,000 TFC and £150,000 to buy annuity)
2. They pay in £5,000 a month to their existing pension, is the MPAA triggered for partially annuitising?
3. Does a spousal benefit cover a partner (they are not married)
4. If guarantee built into pension and client died within guarantee period would the benefit be paid to the partner (not married) or children from previous marriage?

Thanks!

les_cameron

1. Yes you would need to take the TFC if you wanted it. TFC is only authorised when it's linked to an arising entitlement to pension. Or buy the £150k annuity and accept the loss of £37,500 PCLS.
2. Only if the annuity varies in a way that wasn't allowed prior to 6th April 2015
3. Probably not. Check with the annuity providers terms and conditions. Probably need to name them (which has issues if they then separate)
4. Depends on contract - usually they are distributed according to the will/intestacy but I believe some annuity provider exercises discretion.