There were lengthy negotiations until you pullede the rug from under your boss so you could get away with this nonsense. Reduction of 5% for first 30k and up to 8k for the rest of us. Now he tells us that no tax on lump sum after half of the top grades have retired in fear of it after a year of uncertainty. Not another pension levy! No yellow pack pensions for new entrants so our pensions are as pathetic as the private sector unregulated pension cowboys.