If you are in poor health, early access of a defined contribution or money purchase scheme could leave your family in a worse financial position in the event of your death.
This is because death benefits are a 100% return of fund with no income tax and no excess pension charge for funds in excess of the Standard Fund Threshold.
Note that a spouse can inherit an ARF but must pay income tax on the distributions.
Note that this is the opposite advice to someone with a defined benefit or Final Salary pension.
