The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


Normal Minimum Pension Age

The normal minimum pension age (NMPA) is the earliest age within the tax system at which you can access your private pension wealth – currently 55. Any pension payments made before NMPA are unauthorised payments and subject to a tax charge.