The deadline for paying "statement of account" tax bills sent to 1.6 million people, mostly self-employed, is looming. If you don't pay by 31 July (Thursday) you will be charged interest at 8.5 per cent, unless you can subsequently prove you do not owe this money. Tax returns, due in by 30 September, will reconcile your overall tax owed for the 1996/97 tax year.
National Mutual has produced a free guide, Income in retirement - which way to take, on methods of cashing in a pension plan. Call: 01462 426800.