Yes.
When you take your 25% tax-free cash from your Penfold pension, the remaining funds become crystallised.
If you later transfer another uncrystallised pension to Penfold, we'll keep those funds separate and add them to your uncrystallised pot.
This helps us apply the correct tax treatment when you make future withdrawals. We'll handle all of the calculations, so you do not need to do anything.
