Shutterstock / kaprikSince Pension Freedoms allowed people to draw their pension in a flexible format, we have seen considerable innovation in the way pension money is used in the early years of retirement. Phased drawdown in the form of a regular crystallisation can pay Pension Commencement Lump Sum (PCLS), and no income, to people over 55. This is because, in the eyes of the CMS, this money is a lump sum and not income. Greg Neall: Still paying the price for pension sexismI am staggered this has not had more attention and I am unimpressed by government. We worry that the public have a lack of pension knowledge, but ten years after Pension Freedoms, government departments clearly need some training too.