Ill-health early retirees fined for breaching pension tax relief limits

Hope William-Smith
clock • 2 min read

Savers who take an early retirement after becoming ill or sustaining severe injury are being increasingly harshly penalised for breaching pension tax relief limits, according to Royal London.

Research from the group - including a freedom of information (FOI) request to the Greater Manchester Pension Fund (GMPF) - noted the sudden jump in the value of an early retiree's pension pot could...

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