Under 55s in drawdown still face tax charges

Jenna Towler
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Confusion remains about whether retirees aged under 55 in drawdown can switch provider without triggering a tax charge, Hornbuckle Mitchell says.

The self-invested personal pension provider said the wording of the regulations which raised the minimum retirement age - from 50 to 55 - in April is ambiguous when it comes to transferring pension...

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