Government consults on pensions advice allowance

James Phillips
clock • 3 min read

The Treasury is seeking views on whether to allow defined contribution (DC) members to access their pensions before retirement to pay for financial advice.

The advice allowance will allow savers under the age of 55 to access up to £500 tax-free before retirement to get regulated advice on how to use their savings in retirement. The consultation on ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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