'Harsher' allowances hit a million 'pension dippers', finds Just Group

Holly Roach
clock • 2 min read

More than one million people aged over 55 are now subject to harsher pension contribution limits as a result of using the pension freedom rules, Just Group research has found.

HM Revenue & Customs (HMRC) told the firm that an average of 70,000 people each quarter have taken a flexible payment for the first time from their pension since Freedom and Choice was introduced i...

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